Movement Alert｜NuScale Power Rises 8.5% in Regular Trading, Nuclear Plus Computing Power Theme Fuels Sector Rally

Market Focus07-30

On July 30, NuScale Power rose 8.5% in regular trading, trading at $8.385/share, with turnover of $57.31 million.

On the news front, Bill Gates is scheduled to visit South Korea on August 14 to discuss small modular reactor (SMR) business cooperation with SK Group and HD Hyundai Group. This development follows the trilateral US-Japan-Korea SMR cooperation memorandum of understanding signed at the NATO summit, further boosting the nuclear plus computing power investment theme.

The commercial outlook for SMRs as a zero-carbon, stable power supply solution for data centers is being repriced by the market, as major tech companies including Google, Microsoft, and Meta have signed long-term nuclear power purchase agreements. Within the Heavy Electrical Equipment sector, the broader group rallied in tandem, with Bloom Energy Corp up 30.99%, INNIO Holding GmBH up 14.56%, Forgent Power Solutions up 13.78%, X-Energy up 12.44%, and GE Vernova Inc. up 8.89%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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