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As Cloud Computing Giants Turn to Nuclear Power, Is Now the Time to Buy Cameco?
CCJCameco(CCJ) The Motley Fool·2024-10-20 00:06

Cameco looks poised to ride the wave in nuclear energy. Thanks to the emergence of artificial intelligence (AI), cloud computing companies have increasingly been turning their attention toward nuclear power. And with nuclear power comes the need for more uranium. Let's take a closer look at what is going in the nuclear power sector and how this could impact uranium miner and nuclear service provider Cameco (CCJ 2.38%). AI and nuclear power As major tech companies rush to build AI-focused data centers, they ...