U.S. bets big on nuclear power to fuel AI’s insatiable energy hunger
The U.S. government is planning a major push into nuclear power to meet soaring electricity demands. With data centres consuming unprecedented amounts of energy, officials are turning to nuclear plants as a reliable solution. The move comes as global interest in nuclear energy grows, driven by both clean power needs and the AI boom.
Nuclear power already ranks as the world’s second-largest source of clean energy, operating at over 90% capacity. Now, the U.S. aims to build at least $80 billion worth of new nuclear plants to secure its lead in the global AI race. The surge in electricity demand, particularly from data centres, has left utility companies struggling to keep up.
The U.S. nuclear expansion aims to address both energy shortages and the AI-driven tech race. With data centre power needs set to skyrocket, nuclear plants could play a central role in meeting future demand. Meanwhile, uranium-focused investments like the Sprott ETF are positioning themselves to benefit from the industry’s resurgence.
