NuScale Power Hits New All-Time High Amidst Nuclear and AI Boom

NuScale Power Corporation (NYSE:SMR) hit a new all-time high, extending its winning streak to an eighth straight day, driven by bets on stocks benefiting from the AI boom and strong backing from President Donald Trump. The company has grown 184% YTD and is set to release Q2 earnings results. Investors are closely watching for cues on deals with companies following Trump's executive order to quadruple the nuclear power industry in the US to 400 GW by 2050.

NuScale Power Corporation (NYSE:SMR) has hit a new all-time high, extending its winning streak to an eighth straight day. The stock, which has grown 184% year-to-date (YTD), is driven by bets on stocks benefiting from the artificial intelligence (AI) boom and strong backing from President Donald Trump. The company is set to release its second quarter (Q2) earnings results on August 7, 2025.

Investors are closely watching for cues on deals with companies following Trump's executive order to quadruple the nuclear power industry in the US to 400 GW by 2050. The order, issued in May 2025, aims to slash regulations and speed up power plant approvals through an overhaul of the Nuclear Regulatory Commission (NRC). The White House and the technology industry view nuclear power as a reliable source of electricity that can meet the growing energy needs of AI [1].

NuScale Power has recently partnered with GSE Solutions to develop a hydrogen fuel cell generation and storage plant simulation model. The initiative supports the company's broader research to provide clean water and efficient hydrogen production technologies. A single NuScale power module (NPM) coupled with a reverse osmosis desalination system is expected to yield 150 million gallons of clean water daily without generating carbon dioxide [1].

While NuScale Power shows promise, some experts believe that AI stocks may hold greater potential for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock [1].

President Trump's push to approve nuclear plants quickly has raised concerns among former NRC chairs, who warn that the regulator's independence is threatened. The NRC is an independent agency established by Congress in 1975 to ensure nuclear reactors are deployed and operated safely. However, Trump's executive order aims to quadruple nuclear power by 2050, slashing regulations and speeding up plant approvals [2].

The NRC is also ordered to undertake a "wholesale revision" of its regulations and work with the White House Office of Management and Budget (OMB) and the Department of Government Efficiency (DOGE) to accomplish this. The goal is to create a process to approve at a "high volume" microreactors and small modular reactors, advanced nuclear technologies that the industry believes will make plants cheaper and faster to build. However, these advanced reactors often have designs that are very different from the existing U.S. fleet and present different safety profiles [2].

The NRC and White House declined to comment when asked whether OMB and DOGE would have the final say over how regulations are changed. The question now is whether OMB and DOGE will also be passing judgment on the technical content of the regulations, introducing uncertainty that could make the NRC vulnerable to political interference [2].

NuScale Power's recent growth and the potential of nuclear power in the AI boom make it an interesting investment. However, the regulatory changes and potential safety risks must be closely monitored by investors. The company's Q2 earnings results will provide further insights into its performance and future prospects.

References:
[1] https://finance.yahoo.com/news/nuscale-power-smr-jumps-12-181810777.html
[2] https://www.cnbc.com/2025/07/17/trumps-nuclear-power-push-weakens-regulator-and-poses-safety-risks-former-officials-warn.html