Why NuScale Power Stock Blasted 445% Higher in 2024
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NuScale Power's stock surged 445% in 2024 after a 68% decline in 2023. The turnaround was driven by the market recognizing its potential as a nuclear power solution for data centers facing high power demands from AI computing.
January 14, 2025 | 8:00 am
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NuScale Power's stock experienced a dramatic 445% increase in 2024, driven by its potential to address power demands in AI computing data centers.
The significant stock price increase is attributed to the market's recognition of NuScale Power's potential to meet the growing power demands of AI computing. This shift in perception likely attracted investors, reversing the previous year's decline.
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