Key Highlights

  • Nuclear energy rally: NuScale Power Corporation (SMR) advanced more than 8% to $10.72 on Monday as small modular reactor stocks gained on continued demand signals from hyperscale technology companies seeking nuclear power agreements for AI data centre electricity requirements.
  • AI power demand driver: Data centre operators including Microsoft, Amazon, and Google have announced or explored nuclear power purchase agreements as the only clean, baseload energy source capable of meeting the 24-hour, 365-day electricity demands of large-scale AI computing infrastructure.

NuScale Power Corporation (NYSE: SMR) advanced more than 8% to $10.72 on Monday as small modular reactor stocks rallied on the continuing theme of hyperscale technology companies exploring nuclear energy agreements to power the electricity-intensive AI data centre infrastructure buildout.

The SMR stock advance came on relative volume of 0.45, running at below-average turnover despite the meaningful percentage gain. The below-average volume against an 8% price move indicates the advance was driven by a constrained supply of sellers rather than a wave of new buyers, a configuration that can support more durable appreciation if the nuclear energy for AI data centre narrative continues to attract capital over subsequent sessions.

NuScale Power small modular reactor technology is based on its VOYGR SMR design, which received design approval from the Nuclear Regulatory Commission, making it the first SMR design to receive this milestone in the United States. The company's modular approach allows reactors to be factory-manufactured and shipped to installation sites, reducing construction risk relative to large conventional nuclear plant development.

For investors evaluating nuclear energy stocks to buy in 2026, SMR competes in the SMR development space against Oklo, Kairos Power, and TerraPower, though NuScale's NRC design approval gives it a regulatory head start that competing designs have not yet achieved. The key investment risk for NuScale remains the timeline to first commercial deployment following the cancellation of the Carbon Free Power Project in Idaho, which had been the company's anchor first-of-kind plant.

Investors tracking best nuclear energy stocks for the AI data centre power theme should monitor NuScale's progress in securing new plant development agreements with utilities and corporate customers, as the number and scale of signed power agreements is the primary near-term valuation catalyst for SMR stock at the current price level near $10.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.