Amgen Stock Outlook: Bearish Earnings Forecast Could Present Long-Term Value Opportunity
$$296.32
Amgen Stock Outlook: Bearish Earnings Forecast Could Present Long-Term Value Opportunity
04 Nov 2025, 13:11
Unsplash.com
Meta announced on Wednesday its plans to issue a “request for proposals” to identify nuclear energy developers capable of providing 1-4 gigawatts of new nuclear power capacity in the U.S. by 2030. This initiative is designed to support the energy-intensive demands of Meta's data centers, which underpin its ambitious artificial intelligence (AI) projects.
The growing adoption of AI and cloud computing has significantly increased electricity consumption across the U.S., pushing Big Tech to explore more sustainable and reliable energy sources.
Microsoft recently revealed its plans to restart a nuclear reactor at the Three Mile Island site as part of its strategy to power AI servers with nuclear energy.
Nuclear energy, recognized for its near-zero carbon emissions and superior reliability compared to renewable sources like wind and solar, is rapidly gaining favor among tech giants. Companies like Meta and Microsoft see it as a critical solution for achieving climate targets while ensuring uninterrupted power to fuel their AI-driven innovations.
(Sources: investing.com, reuters.com)