AI-driven demand is pushing ur-To The Moon - Tiger Brokers Online Investing Community - To The Moon

AI-driven demand is pushing uranium prices to new highs, with enriched uranium reaching $190 per separative work unit, the highest ever recorded. Prices have surged approximately 240% over the past three years, according to UxC. Interest in nuclear power has grown rapidly as companies and governments seek carbon-free energy solutions for powering data centers. Major firms like Amazon $AMZN and Microsoft $MSFT are exploring nuclear fuel to support their AI data center operations, highlighting nuclear power as a key energy source for the future. Nuclear companies benefited today, with $NNE up 17% and $OKLO up 14%.

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