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GE Vernova surges to record highs as AI-driven nuclear energy demand powers a broad rally in next-gen energy stocks.
Amazon channels over US$500M into nuclear energy, aiming to fuel AI development and achieve net-zero emissions by 2040.
Nuclear power has long been on the decline, its share of the world’s electricity generation halving from 18% in the mid-1990s to 9% today. Now there are signs of a revival.
AWS is the largest cloud service company in the world and could have the most to benefit as clients move to the cloud.