NuScale Power's stock has declined over 62% in the past year following a $500 million capital raise and a revenue decline from $37 million to $31.5 million. However, the article argues the company remains well-positioned as the only small modular reactor developer with U.S. Nuclear Regulatory Commission design approvals, making it attractive to data center operators seeking solutions for AI computing power demands.

ExxonMobil has surged 24% in 2026, more than double the S&P 500's 10% gain, driven by Middle East geopolitical conflict causing oil supply shortages. The author predicts Exxon will maintain its outperformance through year-end as energy prices remain elevated due to prolonged supply disruptions, unless the broader market rises significantly.

Nuclear energy is positioned to become a $10 trillion opportunity driven by AI data center infrastructure demands. NuScale Power's small modular reactors (SMRs) offer a compelling solution, combining faster construction timelines than conventional plants with low-carbon benefits. However, the company has yet to deploy its first system, with deployment potentially not occurring until 2030 or beyond.

The article compares two nuclear energy stocks—NuScale Power and Oklo—both positioned to benefit from AI data center energy demand and government backing for nuclear expansion. While NuScale holds regulatory approval for its small modular reactor design, Oklo is recommended as the better buy due to stronger partnerships with the DOE and Nvidia, operational progress toward criticality, and a larger cash balance of $2 billion.

The article highlights three stocks positioned for long-term growth across emerging industries: NuScale Power in nuclear energy (benefiting from AI data center demand), Rivian Automotive in electric vehicles and robotaxis (with Uber partnership), and Nu Holdings in digital banking (expanding across Latin America with 135 million users).

NuScale Power is expected to reach a critical milestone in 2026 with a power purchase agreement (PPA) resolution by year-end, which could significantly clarify the timeline and viability of its landmark 6-gigawatt small modular reactor project with ENTRA1 and TVA. However, concerns remain about ENTRA1's lack of nuclear industry experience and its ability to secure $25 billion in U.S. government funding, which has kept NuScale's stock price subdued despite the growth potential.

Fluor, a leading engineering and construction firm, has seen its stock decline recently after Q1 2026 earnings. However, the company benefits from strong tailwinds in data center and energy infrastructure markets, a $3.2 billion cash position from selling its NuScale Power stake, and a $25.7 billion project backlog. With analyst estimates showing 15% annual earnings growth and a reasonable 15.5x P/E valuation, the stock decline may present a buying opportunity despite cyclical risks.

NuScale Power presents a high-risk, high-reward investment opportunity driven by AI and data center energy demands. However, the company has yet to commercialize its small modular reactors (SMRs), faces significant financing hurdles for major projects, and won't generate revenue until 2030 or beyond. Success depends heavily on timeline execution and investor patience through extended dilution and volatility.

The global SMR market is entering a 'Golden Age of Nuclear' with 2025-2026 marking a pivotal inflection point. With a market potential of $0.5-1.5 trillion and a 700 GW transformation scenario by 2050, governments and hyperscalers are converging on SMRs as scalable zero-carbon power sources. Recent funding includes UK's £599 million to Rolls-Royce SMR, US DOE's $800 million to TVA/Holtec, and landmark offtake deals from Amazon, Google, and Equinix. Cost targets aim to decline from ~$125/MWh to $40-70/MWh through manufacturing innovation.

NuScale Power's stock has plummeted 79% from summer highs and 30% year-to-date, along with other small modular reactor (SMR) stocks. Despite the sharp decline, the article argues the company's long-term growth potential remains intact, driven by AI data center demand for electricity. The stock collapse reflects the early-stage nature of SMR technology and regulatory challenges rather than company-specific issues, presenting a buying opportunity for long-term investors willing to tolerate volatility.

NuScale Power, a nuclear power start-up, has fallen more than 75% from its all-time high despite having an approved small modular reactor design. The company has not yet made its first commercial sale, though it is working on projects with Romanian utility RoPower and the Tennessee Valley Authority. The stock remains highly volatile and driven by investor sentiment rather than fundamentals, with the company continuing to lose money and facing an uncertain path to profitability.

The upcoming SpaceX IPO at a potential $1.75 trillion valuation will spotlight the AI industry's critical energy needs, particularly for data centers. This increased attention to energy-intensive AI infrastructure could benefit NuScale Power, which develops small modular reactors (SMRs) as a solution to power data centers. With two SMR plants already operational in Asia and NuScale being the only U.S. SMR developer with Nuclear Regulatory Commission approval, the company is positioned to capitalize on growing demand for nuclear power in the AI sector.