As Cloud Computing Giants Turn to Nuclear Power, Is Now the Time to Buy Cameco?

Thanks to the emergence of artificial intelligence (AI), cloud computing companies have increasingly been turning their attention toward nuclear power. And with nuclear power comes the need for more uranium.Let's take a closer look at what is going in the nuclear power sector and how this could impact uranium miner and nuclear service provider Cameco (NYSE: CCJ).As major tech companies rush to build AI-focused data centers, they are left with the need of finding cheap and reliable power sources, because AI training and inference use a massive amount of energy. Two of the best sources for this power come from natural gas and nuclear energy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool