Tech Giants Embrace Nuclear Energy

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The Motley Fool

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Bill Gates Is Pouring Billions Into Nuclear Power. Is This the Best Nuclear Stock to Buy Now?

Summary

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76% Informative

Three big tech companies, Microsoft , Alphabet , and Amazon , have all signed deals for nuclear energy.

Among the backers of this re-emerging technology is Bill Gates , the Microsoft co-founder who has become an investor and philanthropist in a wide range of areas.

NuScale Power ( NYSE : SMR ) is up more than 400% this year as it's riding the wave of enthusiasm for nuclear power.

Nuclear energy seems likely to play a role in the future of AI , and getting some exposure to the stock could pay off.

The Motley Fool has positions in Amazon , Microsoft , and NuScale Power .

NuScale is one of the world's largest nuclear power companies.

The company is also a subsidiary of Amazon 's Whole Foods Market , an Amazon subsidiary, and has more than 50,000 employees.

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formal

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English