Tech Giants Embrace Nuclear Energy for AI: Stocks to Watch

In order to develop data centers and meet the growing demand for artificial intelligence and cloud computing, US technology giants have turned their attention to clean energy nuclear power generation, which has also pushed US nuclear power concept stocks higher in the past month.

On Wednesday, Amazon became the latest technology company to support the development of nuclear energy, signing three related agreements in one go, in particular with power companies to build small modular nuclear reactors (SMRS), to provide a new source of nuclear energy. 

Google also signed a power purchase agreement with U.S. nuclear companies on Monday, promising fast and safe power supply from SMR.