Core Insights - Nvidia's market cap has surged from $1 trillion in 2023 to $4.3 trillion in 2025, reflecting a 32% increase in the current year and a total growth of 185% by the end of 2024, driven by its dominance in the AI chip market [2][3] - Oklo, a nuclear power start-up, has experienced a remarkable 1,200% increase in its stock over the past year, indicating strong investor interest in AI-related energy solutions [3] Industry Trends - The demand for electricity is rapidly outpacing supply, particularly due to the energy needs of AI data centers, leading to rising electricity rates in both the short and long term [5] - Companies like Microsoft and Meta Platforms are seeking renewable energy sources, such as solar power, to meet their data center energy needs, but the feasibility of large solar and wind farms is limited by land availability [5] Company Innovations - Oklo's small modular nuclear reactors (SMRs) present a novel solution for energy supply, offering a compact and reliable source of cheap, zero-emission electricity for energy-intensive facilities like AI data centers [5][6] - Oklo is collaborating with engineering firm Vertiv to develop cooling systems powered by SMRs, which can efficiently support both data centers and the reactors themselves [5][6] - The company has been selected to participate in the Department of Energy's Nuclear Reactor Pilot Program, highlighting its potential in the energy sector [6]
Up Over 1,200% in the Past Year, Is Oklo Stock the Next Nvidia?