Oklo Stock Surges 24% on Jensen Huang’s Nuclear Reactor Endorsement

Oklo Inc. shares skyrocketed 15.59% in a single session, completing a 24% weekly rally after Nvidia CEO Jensen Huang identified small nuclear reactors as the future power source for AI infrastructure. The market response was immediate and volatile, reflecting growing institutional interest in alternative energy solutions for data centers.

Year-to-date gains now stand at 342.06%, with average daily trading volume reaching 19.6 million shares. Analysts have revised price targets upward despite the company reporting increased net losses, signaling confidence in Oklo's Small Modular Reactor technology and its potential commercialization prospects.

Huang's comments have ignited a broader conversation about energy infrastructure requirements for next-generation computing. "Nuclear energy is the future," declared industry commentator The Kobeissi Letter, capturing the market's bullish sentiment toward companies positioned at the intersection of energy and technology.