It’s certainly not what LL Cool J had in mind when he wrote the lyrics to Mama Said Knock You Out, but the opening lines, “Don’t call it a comeback, I been here for years,” certainly ring true with nuclear energy.
After years of unpopularity, nuclear energy has seen a surge in interest as data center operators scramble to secure an adequate power supply to meet the high power demands of artificial intelligence (AI) computing
From companies pioneering the development of advanced nuclear reactors to those providing the fuel that makes nuclear power possible, there are a variety of investment opportunities — but one shines brighter than the rest. A winning nuclear (ETF) option Unlike some exchange-traded funds (ETFs) that hold hundreds of securities, the VanEck Uranium and Nuclear ETF (NYSEMKT: NLR) holds only 29. But don’t let its limited portfolio size fool you.
The ETF holds a wide range of industry leaders, representing various links in the nuclear energy industry value chain. As AI tools have soared in popularity, many data center operators have turned to companies developing small modular reactors (SMRs) to ensure an adequate power supply. Consequently, investors have a great opportunity to gain exposure to these industry leaders by investing in the fund, with NuScale Power and Oklo each holding a 4.5% and 4.3% weighting, respectively.