The huge power consumption of soaring data centers has put global power demand at risk of a shortage – and nuclear power manufacturers are filling this power demand gap—this is why Nuclear power stocks spike year to date.
Tag: CCJ
Taiwan’s abandoned nuclear hit TSMC hard, profit margins decrease 1% by electricity price increase
Taiwan government has repeatedly brainwashed the people with internal propaganda: anti-nuclear is the trend of the world and the times. Taiwan’s electricity prices are among the cheapest in the world. Now it has been proven that it was all lies. Taiwan’s abandoned nuclear has caused electricity prices to rise repeatedly, and the whole people have suffered the consequences.
Uranium trading rebounds from bottom
The price of uranium has risen by 125% since the end of 2020, and by the end of November in 2023, the cumulative increase in uranium prices has exceeded 60%.