Last Tuesday, Meta Platforms (META) said it plans to develop reactor technology in-house. And it has already asked for proposals from nuclear developers.
It might sound strange that a social media company is getting into atomic energy…
But like most tech giants today, Meta wants to ride the boom in AI. And the energy demands of AI are staggering.
In short, tech giants have no choice but to spend on nuclear energy today. This backdrop could send nuclear stocks soaring. Make sure you’re positioned to benefit.
This post originally appeared at DailyWealth.