Oklo, X-Energy Shares Jump as Trump Program Targets Nuclear Power for AI
benzinga_article·
- Oklo Inc and X-Energy Inc shares are rising after reports that they will join a government program aimed at accelerating power plant development for AI data centers.
- The $200 million initiative, led by the Trump administration, seeks to alleviate concerns over rising electricity prices linked to the AI boom.
- An official announcement may come soon, highlighting the role of nuclear power in meeting increased electricity demands without carbon emissions.