Nuclear power is not new, but it is going through something of a renaissance today. One of the driving forces of that is the voracious demand for energy coming from data centers, particularly from artificial intelligence (AI) technology.There are different ways to play the nuclear energy space, but two of the most interesting right now are Uranium Energy (UEC -1.92%), which supplies power plants with nuclear fuel, and NuScale Power (SMR -9.39%), which is trying to build a business around producing small-sca ...

Shares of NuScale Power Corporation (SMR 13.48%) fell 39.5% in December, according to data from S&P Global Market Intelligence. The small modular nuclear reactor (SMR) start-up pulled back last month after a monster run for most of 2024, likely due to a broad pullback for growth and artificial intelligence (AI) stocks in the month. An announcement from competitor GE Vernova may have catalyzed the sell-off as well. Over the last year, NuScale Power stock is up over 800%.Here's why NuScale Power stock fell in ...

This little nuclear reactor maker might have a lot of upside potential.NuScale Power (SMR 3.85%) has been a divisive stock ever since it went public by merging with a special purpose acquisition company in May 2022. The bulls were initially impressed by the disruptive potential of its small modular reactors (SMRs), which can be deployed in areas that aren't well-suited for traditional nuclear reactors. The bears claimed its stock was overvalued and it would struggle to scale up its capital-intensive busines ...

The rapid proliferation of artificial intelligence data centers is forcing the world to quickly revive an aging industry... with a twist.You probably already know that nuclear power has been proposed as a quick, environmentally friendly solution to the world's energy shortage stemming from the rise of power-hungry AI data centers. You may also know NuScale Power (SMR -0.20%) is one of the few outfits that are nearly ready to deliver a solution sooner than later.What's not quite clear yet, however, is whethe ...

Will GE Vernova crush NuScale's nuclear dreams?NuScale Power Corporation (SMR -3.85%) stock fell 3% through 11:25 a.m. ET -- and it has General Electric to blame for it.NuScale develops small modular nuclear reactors designed to be cheaper and faster to build than traditional nuclear power plants. And as it's fond of pointing out, NuScale is "the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission." But leaders aren't necessarily winners, and as CNBC reports this mornin ...

NuScale Power (SMR 9.61%) stock is unstoppable -- it surged 28% this week to an all-time high of $29.52 per share at its highest point in trading through Friday noon, according to data provided by S&P Global Market Intelligence.The nuclear energy stock is now up a whopping 50% in November, after rallying 65% in October. Why is NuScale Power stock soaring higher and higher?Could nuclear energy win under Trump?Investors in NuScale Power are betting big on the company's potential growth as the U.S. continues t ...

Shares of NuScale Power (SMR 9.78%) skyrocketed on Wednesday, surging 14.8% as of 1:20 p.m. ET. to a 52-week high of $26.67 a share. With today's rally, the nuclear energy stock is now up a whopping 38.6% so far this month after clocking a massive 65% gain in October.Investors believe the latest announcement from the White House will propel NuScale Power to new heights.Nuclear energy is back in focusThe White House announced a roadmap yesterday to boost the nuclear energy industry, with plans to "at least" ...

Shares of NuScale Power (SMR -1.06%), a developmental-stage maker of small modular reactors, initially popped this morning on an announcement from the White House on expanding nuclear energy production.While the stock jumped as much as 13% in morning trading, it gave back those gains amid a broader pullback in small-cap stocks in a sign that the boom from Trump's election was fading.As a result, the stock closed down 1.1% while the Russell 2000 fell 1.8%, with the small-cap index giving back all of yesterda ...

Core Message - SAIHEAT Limited announces the integration of HEATNUC, an advanced Small Modular Reactor (SMR) system designed to power AI computing centers, addressing the unique energy demands of AI-driven infrastructure [1] HEATNUC Overview - HEATNUC is a modular, integrated SMR system that provides stable, high-capacity, and clean energy for AI computing centers, leveraging nuclear power and innovative technology to reduce licensing and verification time and costs [2] - The system features closed-loop recycling of waste heat from nuclear and AI computing, enhancing energy efficiency and enabling deployment in remote and harsh environments [2] - HEATNUC is designed to be cost-effective, reliable, and sustainable, meeting the long-term power needs of AI computing centers with zero-carbon operations [3] Key Advantages of HEATNUC - **Environmental Compliance**: Zero emissions, zero pollution, and full carbon-neutral operations [4] - **Efficient Construction**: Prefabricated, modular, and plug-and-play design allows for easy installation and decommissioning [4] - **Low-Operational Demands**: Intelligent monitoring and diagnostic systems minimize staffing needs and enhance safety through proactive accident prevention [4] - **Sustainable Energy Recycling**: Combines nuclear energy with recovered waste heat and storage solutions to maximize energy utilization [4] - **Cost Reduction**: Shortened verification and licensing periods, reduced construction cycles, and minimized operational costs contribute to significant savings [4] - **Open Source**: SAIHEAT provides open-source designs and resources to reduce electricity costs for data centers and promote clean energy adoption [4] Deployment and Impact - HEATNUC's deployment will enable AI computing centers worldwide to meet increasing energy demands sustainably, with compatibility in remote and challenging environments [5] - The technology supports global zero-carbon and intelligent energy goals, revolutionizing AI energy strategies [5] About HEATNUC - HEATNUC is SAIHEAT's power module, focusing on Gen III+ PWR and Gen IV SFR and HTGR technologies for AI center energy solutions [6] - The reactor features self-driven accident prevention mechanisms and an intelligent defense-in-depth safety approach, making it one of the safest SMR options available [6] About SAIHEAT - SAIHEAT Limited provides integrated energy services for next-generation data centers, including the thermal module HEATWIT for data center liquid cooling and heat recycling, and the power module HEATNUC for modular nuclear power development [7] - The company became publicly traded on Nasdaq in May 2022 through a merger with TradeUP Global Corporation [8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ ______________________ FORM 10-Q ______________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ____________ Commission file number 001-04321 NUSCALE POWER CORPORAT ...