Everyone has been right so far about GPU being key for AI – but is Google now 1 step ahead of the rest with investing in nuclear power?
https://www.cnbc.com/2024/10/14/google-inks-deal-with-nuclear-company-as-data-center-power-demand-surges.html
Posted by imakeBADinvestments
15 Comments
How so? Microsoft made a deal to reopen 3 mile Island nuclear plant already?
If big tech drives a nuclear Renaissance it will partly offset the societal destruction they unleashed with social media in the 2010s.
Its sad though that big tech can make this happen and the government couldn’t.
i buy $SMR for this same tech, the small modular reactors
follow the money…
Nuclear / Uranium is the next mega hype🚀🚀
I got SMR, OKLO, and RYCEY because of the energy needs required to power AI.
Even I’m not regarded enough pass up this opportunity.
If this gets the ball rolling for more nuclear power I’m all for it.
M$ Also is having one of the reactors on 3 mile island reopened because AI data centers are consuming a alarming amount of power it’s something like percentage of all power and it’s only going to need more.
The amount of power we are going to need for AI in the next 5-10 years is going to be crazy.
All uranium/nuclear stocks have had an insane run. Idk does the downside risk outweigh the upside at this point?
Copy cats!
What’s the best way to invest in nuclear?
We need nuclear energy for non-data tech use
It’s interesting that the only reason nuclear power is getting the attention it deserves is because it powers AI which displaces real workers.
Jfc.
Imagine this all could have been avoided if they didn’t assassinate nikola Tesla.
Discl: long $goog with 1200 stocks.
$msft 300 stocks.
Looking to enter into $OKLO and other similar nuclear energy stocks. But glad big tech is leading the nuclear charge.
Hi everyone,
And in the meantime the global uranium supply is in such a structural deficit that all major uranium producers are in shortage of uranium as we speak. Soon all those major uranium producers will be forced to buy uranium from current production of smaller producers, taking those pounds away from end users.
Companies like Peninsula Energy, Lotus Resources, Paladin Energy, EnCore Energy, will significantly benefit from this. Why?
Because they have some future production left they didn’t commit to end users yet. The consequence is that those uncommited pounds can be sold at the spotprice to those major producers creating huge earnings to those smaller producers
Their future uranium production will not solve the annual deficit, but they will greatly benefit from it.
**This isn’t financial advice. Please do your own due diligence before investing**
Cheers