Nuscale Power CorpNvidia CEO Jensen Huang endorsed nuclear energy for AI, predicting many small reactors will be built, directly benefiting NuScale's small modular reactor business.

NuScale Power shares soared 15.5% on Thursday after Nvidia CEO Jensen Huang endorsed nuclear energy as crucial for the AI industry during an appearance on The Joe Rogan Experience podcast. Huang predicted that many small nuclear reactors will be built in the next six to seven years to meet AI's power demands, calling it the smartest approach. NuScale Power, which develops small modular reactors, saw its stock extend gains following an 11% rise earlier in the week. The company remains speculative with minimal revenue, prompting some analysts to suggest nuclear energy ETFs as a lower-risk alternative.
Nuscale Power CorpNvidia CEO Jensen Huang endorsed nuclear energy for AI, predicting many small reactors will be built, directly benefiting NuScale's small modular reactor business.
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