Cameco: Long-Term Uranium Demand Fundamentals Are About More Than Just Data Centers

Core Viewpoint - Cameco's stock price has recently declined significantly due to concerns that China may have developed a less energy-intensive version of AI, which raises questions about the role of nuclear power in powering data centers [1] Group 1 - The decline in Cameco's stock is primarily attributed to the potential impact of China's advancements in AI technology on energy consumption [1] - The news challenges the investment thesis that nuclear power will be a key energy source for data centers, leading to increased uncertainty among traders [1]