Is NuScale Power the Next Nuclear Millionaire Maker and Future Dividend Giant?

Core Insights - The nuclear power sector is experiencing a resurgence driven by increasing electricity demand due to the AI boom, with NuScale Power positioned to lead in the small modular reactor (SMR) market [1][5] Company Overview - NuScale Power's stock has fluctuated significantly, rising from approximately $2.50 in late 2023 to a peak of $60, but has recently fallen below $15, raising questions about its investment potential [2] - The company has a market capitalization of $3.8 billion, with a current stock price of $13.47 and a gross margin of 64.95% [3] Technology and Regulatory Approval - NuScale Power has developed a smaller, modular nuclear reactor system that can be manufactured for lower electricity needs and scaled as demand increases, with some designs approved by the Nuclear Regulatory Commission (NRC) [4] Market Demand and Potential - The global electricity demand, driven by AI advancements, could lead to hundreds of billions of dollars in additional spending on electric power, presenting a significant opportunity for NuScale Power [5] Business Challenges - Despite the favorable market conditions, NuScale Power has not secured any contracts for building nuclear reactors, raising concerns about its business viability [7] - The company has only won exploratory deals that generate minimal revenue, and a previous contract in Utah was canceled due to cost overruns [8] - With negligible revenue, high cash burn, and an increasing share count, NuScale Power's stock may not be a viable investment option [9]