Meta’s AI ambitions are sending this nuclear-power stock surging

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Shares of Constellation Energy Corp. were surging more than 12% in premarket trading on Tuesday after Meta Platforms Inc. announced a

nuclear-power agreement with the energy company. It marks the latest embrace of nuclear energy by a major artificial-intelligence player.

The tech giant said it signed a 20-year power-purchase agreement with Constellation CEG to buy nuclear energy from the Clinton Clean Energy Center in Clinton, Ill., starting in 2027. The center can provide 1,121 megawatts of emissions-free nuclear power, Constellation said — or enough energy to support more than 800,000 homes.

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