Oklo Stock Surges 1,200% Amid AI-Powered Energy Demand

Nuclear power start-up Oklo has seen its shares skyrocket by 1,200% over the past year, drawing comparisons to Nvidia's meteoric rise in the AI chip sector. The surge reflects growing investor appetite for alternative energy solutions to power energy-intensive AI data centers.

Electricity demand is outpacing supply as AI infrastructure expands, driving up costs. Oklo's modular nuclear reactors position it as a potential solution for cheap, abundant power—a critical bottleneck for AI development. The company's valuation trajectory mirrors Nvidia's early growth pattern when skeptics questioned its sustainability.

Market observers note similar dynamics at play: both companies address fundamental constraints in AI adoption. Where Nvidia solved processing limitations, Oklo targets the energy crisis emerging from large-scale AI deployment. The parallel suggests room for further growth despite the stock's astronomical rise.