Two bits of news have shares of Oklo (NYSE: OKLO) surging higher today.
The developer of advanced nuclear reactors is looking to benefit from the vast power needs of growing artificial intelligence (AI) data centers, but another growth path may be coming, too
Oklo stock jumped as much as 7.7%, and remained up by 3.6% as of 11:27 a.m. ET. Nuclear at home and abroad A U.S.
Department of Energy initiative aimed at speeding up reactor development for AI data centers has investors jumping into related company stocks today. Oklo is one supplier reportedly joining big technology firms in a $200 million plan to help power AI data centers in the U.S. That wasn’t the only news helping push Oklo shares higher today, though.