This AI-driven tech could drive uranium demand! Microsoft's dive into advanced nuclear reactors for AI-driven tech could drive uranium demand!
The company's strategic shift towards next-generation nuclear energy marks a significant change in the tech giant's energy procurement strategy. By exploring small modular reactors (SMRs) and venturing into fusion power, Microsoft aims to leverage scalability and cost-effectiveness. However, these SMRs require more highly enriched uranium fuel (HALEU), which could potentially drive demand in the uranium market.
If you're interested in learning more about the uranium markets, our analysts' research reports on uranium stocks like Skyharbour Resources Ltd. could be a good starting point.