Meta Platforms (NASDAQ: META) announced on December 5 that it plans to introduce an additional 1 to 4 gigawatts of nuclear power generation capacity to its data centers by 2030 to meet the growing demands of its AI business. The company stated it is seeking developers capable of accelerating the deployment of new nuclear power units to lower costs and drive industry decarbonization.
This move is closely aligned with Microsoft's (NASDAQ: MSFT) strategy. Microsoft recently announced it would restart the Three Mile Island nuclear reactor to support its AI business with energy. The actions of these two tech giants reflect the urgent need for reliable and low-carbon energy in the global tech industry, especially as energy demands significantly increase with the rapid development of AI and cloud computing.
Nuclear power, due to its low carbon emissions and higher reliability compared to renewable energy sources like wind and solar, is becoming the preferred solution for more technology companies aiming to ensure energy supply and achieve climate goals. The U.S. market's response to this energy transition is also evident in the stock market, with continued growth in investment in the new and sustainable energy sectors. Nuclear projects related to large companies like Meta and Microsoft could bring new investment opportunities to the market, especially with stocks related to energy supply and green technology likely to attract further attention.
As large tech companies expand in the AI and cloud computing fields, this trend may drive more companies to invest in energy transition, thus having a long-term impact on the stock market, particularly in industries involved with energy supply and green technology.
