| Previous close | 0.0500 |
| Open | 0.0500 |
| Bid | 0.0000 |
| Ask | 0.2000 |
| Strike | 6.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.0300 - 0.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.8k |
- Yahoo Finance Video
Is AI growing too fast for the US energy grid to support it?
The big demand for AI is creating big demand for energy, one that could put a strain on the US energy grid. Canaccord Genuity Managing Director George Gianarikas recently wrote in a note "We are set to hit energy bottlenecks as it relates to AI deployment. Either data center build-outs and (likely) GPU consumption have to slow — or the deployment of energy resources that will power them has to accelerate in a big way." Gianarikas says there are plans to add energy capacity through solar and, longer-term, nuclear, mentioning NuScale (SMR) as a potential beneficiary. Gianarikas also thinks companies like Ameresco (AMRC) and Fluence Energy (FLNC) could benefit from higher energy demand. He also highlights Generac (GNRC) in case increased power outages spur more demand for generators. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Stephanie Mikulich.
Business WireNuScale Power to Participate in May and June 2024 Investor Conferences
PORTLAND, Ore., May 21, 2024--NuScale Power announced that its management is scheduled to participate in several institutional investor conferences in May and June 2024.
Business WireNuScale Power Reports First Quarter 2024 Results
PORTLAND, Ore., May 09, 2024--NuScale Power Corporation today announced results for the first quarter ended March 31, 2024.
