Nuclear Power Is Solving the World’s Looming Energy Crisis
Editor’s Note: Decades ago, the nuclear industry seemed to be limping toward certain extinction, or at least irrelevancy.
But then a funny thing happened: AI arrived on the scene and started demanding spectacular volumes of electric power that existing sources would not be able to provide.
That is why I believe that nuclear energy stocks can be smart AI plays… and my InvestorPlace colleague Luke Lango does, too. He is joining us today to tell us why he is hyperfocused on this sector and what stocks he thinks are interesting picks in the space.
Additionally, InvestorPlace offices and customer service department will be closed on Monday, February 17, for the Presidents’ Day holiday.
When it comes to making money in the stock market, I’ve found that one of the best approaches is to invest in problem-solving businesses. After all, companies that figure out how to solve a widespread problem can generate sustainable demand, revenues, and profits. And that should all lead to higher stock prices.
By that logic, it may be time to check out energy stocks.
As recent years have made clear, electric grids across the world are already being strained by increasing energy demands. And thanks to the rise of AI, the world may soon face a massive energy crisis.
That’s because AI applications require far more energy than traditional incumbents. For example, a typical ChatGPT search uses 10X more power than a traditional Google search.
So, as the world shifts from legacy to AI computer applications across all sectors and industries, the world’s energy demands will increase dramatically.
