Oklo and Vistra Shares Surge as Meta Turns to Nuclear Power for AI

Core Insights - Meta Platforms Inc. has agreed to purchase nuclear power from Oklo Inc. and Vistra Corp. to support its artificial intelligence data centers, leading to significant stock price increases for both companies [1][3] Company Summary - Oklo shares surged by as much as 19%, while Vistra shares increased by up to 16% following the announcement [1] - The partnership includes a 20-year power purchase agreement with Vistra and a deal with Oklo to advance small modular reactor development, which has not yet been commercialized [3] - Oklo's stock has seen a remarkable increase of over 200% in 2025, while Vistra's shares gained 17% in 2025 after a rise of over 200% in 2024 [4] Industry Summary - The nuclear power industry is experiencing a revival, driven by tech companies' demand for new energy sources to power their expanding data centers [2][3] - The industry had faced challenges with rising costs and reactor shutdowns, but the recent developments have positively impacted stock prices and investor sentiment [2][4] - Analysts view the commitment from major tech firms as a significant endorsement for the nuclear energy sector, which is crucial for addressing energy supply concerns amid rising energy bills for households and businesses [2]