by Ian Cooper

Artificial intelligence hasn’t just fueled upside in tech stocks.

It’s also fueling massive upside in energy stocks, most recently nuclear energy.

As noted by Reuters, “some power companies projecting electricity sales growth several times higher than estimates just months earlier. Nine of the top 10 U.S. electric utilities said data centers were a main source of customer growth, leading many to revise up capital expenditure plans and demand forecasts.”

Now, thanks to Meta, there’s even more reason to get bullish on nuclear energy.

Just the other day, Meta unveiled agreements to secure about 6.6 GW of nuclear power by 2035 for its data centers. One of those deals was with Vistra Energy (SYM: VST), which will provide electricity from three existing nuclear power plants.

“At Meta, we are investing in nuclear energy because it provides clean, reliable power that is essential for advancing our AI ambitions and strengthening American leadership in energy innovation. By supporting nuclear power, we ensure that our operations – and the communities we serve – benefit from energy solutions that drive both technological progress and economic growth,” said Urvi Parekh, Head of Global Energy at Meta, as quoted in a press release.

Meta is also working with Oklo (OKLO).

The two will advance Oklo’s plans to develop a 1.2 GW power campus in Pike County, Ohio, to support Meta’s data centers. “The agreement provides a mechanism for Meta to prepay for power and provide funding to advance project certainty for Oklo’s Aurora powerhouse deployment,” added the press release.

For max exposure to nuclear energy, investors may want to consider ETF, such as:

Global X Uranium ETF (URA)

With an expense ratio of 0.69%, the oversold Global X Uranium ETF (URA) provides investors access to a broad range of companies involved in uranium mining and the production of nuclear components, including those in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries, holds about 50 related uranium stocks.

That includes Cameco, NexGen Energy, Uranium Energy, Paladin Energy, Denison Mines, and NuScale Power to name a few.

VanEck Uranium and Nuclear ETF (URNM)

With an expense ratio of 0.56%, the VanEck Uranium and Nuclear ETF (URNM) attempts to replicate the performance of the MVIS Global Uranium & Nuclear Energy Index, which tracks companies involved in uranium mining; the construction, engineering and maintenance of nuclear power facilities and nuclear reactors; the production of electricity from nuclear sources; or providing equipment, technology and/or services to the nuclear power industry.

Some of its top holdings include Cameco, Constellation Energy, Oklo Inc., Denison Mines, Uranium Energy, and PG&E, to name a few of its 29 holdings.