NuScale Power surged 13.21% in after-hours trading following comments by Nvidia CEO Jensen Huang on Joe Rogan’s podcast, where he emphasized nuclear energy’s potential to address AI’s growing power demands. Huang specifically highlighted small nuclear reactors, aligning with NuScale’s business model of developing modular reactors for energy-intensive applications like data centers. The remarks fueled investor optimism about the company’s long-term relevance in the AI-driven energy sector. While other news events mentioned market skepticism or past declines, they did not align with the recent upward movement. The bullish reaction was primarily attributed to Huang’s endorsement, which amplified speculative interest in NuScale’s high-risk, high-reward proposition.
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