NuScale Power Stock Surges 320% Amid AI-Driven Energy Demand

NuScale Power (SMR 3.42%), a nuclear energy specialist, has seen its stock skyrocket nearly 320% over the past year. The surge is fueled by growing demand for small modular reactors (SMRs) to power AI data centers and other energy-intensive applications. Despite posting an impressive 710% year-over-year revenue increase to $8.1 million in Q2, sequential quarterly sales declined from $13.4 million in Q1, raising questions about sustained growth.

The company's $10 billion market capitalization reflects high-risk, high-reward potential as AI infrastructure expansion drives unprecedented power needs. NuScale's pioneering SMR technology positions it as a key contender in the race to meet these demands, though volatility remains a defining feature of the energy sector.