Data Center Demand Can Keep Propelling Uranium Prices
Data centers can require copious amounts of power that an electric grid may not be able to provide. As such, the largest tech firms are considering the use of nuclear power. That could be a boon for uranium prices. “Last year, both AWS and Microsoft signed agreements to offtake power from nuclear power stations,” noted Data Center Dynamics. [...] The post Data Center Demand Can Keep Propelling Uranium Prices appeared first on ETF Trends.
Data centers can require copious amounts of power that an electric grid may not be able to provide. As such, the largest tech firms are considering the use of nuclear power. That could be a boon for uranium prices. “Last year, both AWS and Microsoft signed agreements to offtake power from nuclear power stations,” noted Data Center Dynamics. [...]
The post Data Center Demand Can Keep Propelling Uranium Prices appeared first on ETF Trends.
