I opened $Global X Uranium ETF(URA)$  ,Training the latest ultra-large AI models using 2,000 Blackwell GPUs would use 4 megawatts of power over 90 days of training.

Renewable energy sources just aren't enough and faces inherent limitations in meeting the continuous and predictable energy demands of AI systems. Nuclear is the straightforward thesis.

About 60 reactors are under construction across the world. A further 110 are planned.

Today there are about 440 nuclear power reactors operating in 32 countries plus Taiwan, with a combined capacity of about 390 GWe. In 2023 these provided 2602 TWh, about 9% of the world's electricity.

Many countries with existing nuclear power programmes either have plans to, or are building, new power reactors. 

About 30 countries are considering, planning or starting nuclear power programmes.

URA
10-09 23:05
USGlobal X Uranium ETF
SidePriceRealized P&L
Buy
Open
29.47+10.46%
Holding
Global X Uranium ETF
# Trade Feed: Who is your favorite star traders?

Modify on 2024-10-12 09:27

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet