Nuclear Energy: The Hidden Play for Profiting from the AI Boom

The AI boom is expected to triple electricity demand by 2030, leading to a potential nuclear renaissance. Big Tech companies like Microsoft and Amazon are backing nuclear energy to power their hyperscale data centers, which are reliant on 24/7 power. While publicly traded modular nuclear reactor companies are scarce, investors can profit from the growing demand for uranium through existing uranium companies.

The AI boom is poised to triple electricity demand by 2030, sparking a renewed interest in nuclear energy. Big Tech companies like Microsoft and Amazon are leading the charge, backing nuclear energy to power their hyperscale data centers, which require constant power. While publicly traded modular nuclear reactor companies are scarce, investors can profit from the growing demand for uranium through existing uranium companies.

Constellation Energy, owner of the shuttered Three Mile Island nuclear power plant, has plans to restart it to serve Microsoft’s growing fleet of data centers. Rising electricity demands are fueling the push for more nuclear energy in multiple states. In Abilene, Texas, a $3.2 million donation from a former Midland oilman has helped the city lead a national nuclear energy resurgence [1].

Small modular reactors (SMRs) are designed to be built in factories and then moved to a site, requiring less upfront capital investment than traditional large reactors. In Texas, the state is investing $350 million in nuclear expansion, and the Texas A&M University System has invited four nuclear manufacturers to build SMRs at the RELLIS campus in Bryan [1].

The push for nuclear energy is bipartisan, with states like New York and Colorado also taking action to promote nuclear power. In New York, Democratic Gov. Kathy Hochul directed the New York Power Authority to build a zero-emission advanced nuclear power plant. In Colorado, Democratic Gov. Jared Polis signed legislation redefining nuclear energy as a "clean energy resource" [1].

The Nuclear Energy Institute reports that half the states have taken action to promote nuclear power in the past two years, with over 300 bills all across the country. The renewed interest in nuclear energy is driven by the need to meet the growing electricity demands of tech companies that require a tremendous amount of power to operate [1].

However, opponents argue that the renewed interest in nuclear energy is misguided. Environmental groups, such as the Sierra Club in Colorado, have urged governors to veto nuclear-related bills, citing concerns about radioactive waste and the high cost of SMRs compared to traditional reactors [1].

Despite the skepticism, the Nuclear Regulatory Commission has approved three new nuclear projects in the past three years and is reviewing three other applications. The commission expects the growth in data centers to drive increased interest in new reactors [1].

Investors looking to profit from the growing demand for uranium can explore existing uranium companies. While the number of publicly traded modular nuclear reactor companies is limited, the increasing demand for clean energy sources presents an opportunity for investors to diversify their portfolios.

References:
[1] https://arkansasadvocate.com/2025/07/07/smaller-nuclear-reactors-spark-renewed-interest-in-a-once-shunned-energy-source/