Small modular reactor (SMR) stocks, led by NuScale Power, Oklo, and Nano Nuclear Energy, have posted significant gains for two consecutive sessions. This rally is driven by structural factors such as rising AI data center electricity demand, bipartisan political support for nuclear energy, and the broader energy transition. NuScale Power stands out with an 11% gain due to its unique regulatory approval and major deployment agreements, despite a pending lawsuit risk. Oklo and Nano Nuclear Energy also show strong momentum, backed by substantial customer pipelines and innovative technology. The White House's recent nuclear mandate has reset the sector's narrative, suggesting durable institutional interest beyond short-term trading.
