AI Boom Needs Nuclear, Constellation Energy CEO Says
- Constellation Energy shares have climbed 60% this year
- People ‘looking at nuclear because AI demands a lot of power’
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The AI-driven boost in power consumption is going to be big for nuclear energy, according to Joe Dominguez, chief executive officer of Constellation Energy Corp.
The largest US operator of nuclear plants is the third-best performer on the S&P 500 Index this year. The 60% gain has come as the power industry is recognizing that computing will drive the biggest spike in power consumption in a generation.