How to address the AI energy shortage? The Trump administration will provide "tens of billions of dollars" for the construction of nuclear power plants.

To address the massive electricity demands brought about by AI development, the Trump administration plans to utilize tens of billions of dollars in national funding to finance the construction of new nuclear power plants, ensuring the energy foundation for the AI revolution. The U.S. Department of Energy will allocate the majority of its loan funds to support nuclear power construction, with the goal of initiating the construction of dozens of nuclear power plants within three years to bridge a funding gap in energy infrastructure that amounts to trillions of dollars.

wallstreetcnNov 12 15:00

Should You Buy, Hold or Sell USAR Stock Post Q3 Earnings?

Yahoo Finance00:43

Shares of Rare Earth Stocks Are Trading Lower Possibly Following Reports Suggesting That China Plans to Implement a "Validated End-user" System to Export the Minerals, but Will Also Prevent Them From Going to U.S. Military Suppliers. The Copenhagen...

BenzingaNov 12 03:36

Looking Into Energy Fuels Inc's Recent Short Interest

BenzingaNov 11 21:00

“AI Power-Guzzling Behemoth” Spurs Nuclear Energy Boom! US Energy Secretary Expresses Full Support: Maximum Loans to Be Granted

① U.S. Energy Secretary Chris Wright stated that nuclear energy will receive the majority of funding from the Department of Energy's loan office to support the construction of new reactors; ② The nuclear renaissance is primarily driven by surging electricity demand, including from AI data centers and the return of manufacturing.

cls.cnNov 11 08:10

Should Investors Bet on Cameco Stock Post the Q3 Earnings Miss?

Yahoo FinanceNov 8 01:59