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2025-01-28 09:21:58 UTC

flash on Nostr: āš”ļøšŸšØ Nuclear energy stocks are crashing... The dream of data centers is ...

āš”ļøšŸšØ Nuclear energy stocks are crashing...

The dream of data centers is evaporating!

US nuclear giants, who bet EVERYTHING on the explosion of AI data centers, have faced the DeepSeek news...

āŒ Vistra: -30%
āŒ Constellation: -20%
āŒ Talen Energy: -22%

The sector soared in 2024 (+100% for Constellation) based on a promise: to power American data centers that were projected to consume up to 12% of US electricity by 2028.

The blow is even harder since Constellation had just made a BIG bet with the acquisition of Calpine for $16.4 billion.

Everyone is wondering if the demand for energy for AI has been overestimated? šŸ¤” #asknostr