Artificial Intelligence (AI) Is Creating a Nuclear Power Renaissance. Here Are 3 Stocks to Buy for 2026.

Core Insights - The article highlights the resurgence of nuclear power as a viable solution to meet the growing electricity demand driven by artificial intelligence (AI) and other factors, with Constellation Energy positioned as a leader in this sector [1][3][6]. Company Analysis - Constellation Energy operates 21 nuclear reactors, generating over 80% of its total power output, which surpasses the combined output of all other U.S. nuclear facilities [1]. - The company is set to benefit from the anticipated doubling of nuclear power production by the International Energy Agency (IEA) over the next 25 years, alongside the tripling of electricity usage by AI data centers by 2050 [6][3]. - Constellation's capabilities and existing infrastructure position it well to capitalize on the nuclear power renaissance [7]. Industry Trends - The utility and power industry faces a production capacity strain, with renewable energy sources like solar and wind unable to scale quickly enough to meet long-term demand [3]. - The IEA projects that global nuclear power output will double by 2050, indicating a significant growth opportunity for nuclear energy [6]. - AI data centers are expected to double their electricity consumption by 2030, further driving the need for reliable power sources like nuclear energy [4]. Additional Companies of Interest - Centrus Energy supplies enriched uranium and has maintained profitability since 2020, benefiting from the renewed interest in nuclear power and the expected doubling of enriched uranium demand by 2040 [8][10]. - GE Vernova, while primarily focused on natural gas turbines, is involved in the nuclear sector through partnerships and is positioned to meet immediate electricity demands from AI data centers [12][15].