GE Vernova Soars to New Highs on AI-Boosted Nuclear Energy Boom

GE Vernova's Q2 report and outlook have cemented its standing as a long-term winner in the AI-boosted energy boom. The stock has soared 90% YTD, and its exposure to nuclear energy, electrification, natural gas, and AI infrastructure spending makes it a surefire investment. The Range Nuclear Renaissance Index ETF has climbed 130% since its debut in January 2024, and investors can still get in on the ground floor of the AI-boosted nuclear energy renaissance, which will be measured in decades.

GE Vernova (GEV) reported its second quarter (Q2) earnings on Wednesday, July 24, 2025, with the stock surging to an all-time high following the announcement. The company's beat-and-raise earnings report and updated outlook have cemented its standing as a long-term winner in the AI-boosted energy boom [1].

The stock has soared 90% year-to-date (YTD) and is one of the second best-performing S&P 500 stocks behind only Palantir. GEV's exposure to nuclear energy, electrification, natural gas, and AI infrastructure spending makes it a surefire investment in the rapidly growing energy sector [1].

GE Vernova's Q2 performance and outlook have been bolstered by the increasing demand for power from AI hyperscalers. The U.S. electricity demand remained flat at roughly 4,000 to 4,200 terawatt-hours since around 2010. However, the AI boom has driven a paradigm shift in energy needs, with data centers expected to jump from 4% of total U.S. power demand in 2023 to 12% in 2030 [1].

The company's GE Vernova Hitachi Nuclear Energy division is a leading provider of advanced nuclear reactors, fuel, and nuclear services. Its BWRX-300 small modular reactors (SMRs) have the potential to be one of only a handful of big winners in the SMR market. GE Vernova is working directly with power companies in the U.S. and Canada to deploy its next-gen nuclear tech by the early 2030s [1].

GE Vernova also signed nine gigawatts of new gas equipment contracts during the second quarter, boosting its backlog to 29 GW. Additionally, its power conversion, energy storage, and grid solutions are growing, with the company announcing plans to acquire AI company Alteia to enhance its grid software offerings [1].

The company's CEO stressed that the U.S. and the world are still at the "beginning of an investment supercycle into more reliable baseload power, grid infrastructure, and decarbonization solutions." The stock has soared roughly 280% in the past year and 345% since its April 2024 IPO, outpacing Nvidia and many other pure-play AI stocks [1].

While GEV might face near-term selling pressure, long-term traders might want to consider buying the next-gen energy superstar now and adding more the next time it fades. The company's improving financial position has helped GE Vernova commit to buybacks and dividends [1].

The Range Nuclear Renaissance Index ETF (NUKZ), which holds nuclear energy stocks like GEV, Talen (TLN), and Rolls-Royce (RYCEY), has climbed 130% since its debut in January 2024. Despite the strong performances of nuclear energy stocks in 2025 and over the last few years, investors can still get in near the ground floor of the AI-boosted nuclear energy renaissance, which will be measured in decades [1].

References:
[1] https://www.investors.com/news/ge-vernova-stock-earnings-outlook-gev-stock-talen-energy-auction-oklo-liberty-energy/
[2] https://www.nasdaq.com/articles/zacks-investment-ideas-feature-highlights-range-nuclear-renaissance-index-etf-ge-vernova