NuScale Power Surges 16.57% as Trump Pledges Energy Sector Support

NEW YORK, NY – NuScale Power Corporation (NYSE: SMR) saw its stock surge 16.57% on Tuesday, closing at $25.61 per share, following President Donald Trump’s pledge to bolster the energy sector during his inauguration speech. The company, which specializes in small modular reactors (SMRs), benefited from both Trump’s pro-energy rhetoric and a bullish report from the International Energy Agency (IEA).

Wall Street’s main indices also rallied on Tuesday, with the Dow Jones Industrial Average rising 1.24%, the S&P 500 gaining 0.88%, and the Nasdaq Composite increasing 0.64%. NuScale Power was among the top 10 gainers, driven by investor optimism surrounding the energy sector and the potential of SMR technology.

During his inauguration on Monday, Trump emphasized the importance of energy independence, stating, “We will bring prices down, fill our strategic reserves up again right to the top, and export American energy all over the world.” This commitment to energy production resonated with investors, particularly those focused on innovative technologies like NuScale’s SMRs.

The IEA’s report further bolstered NuScale’s prospects, highlighting the growth potential of small modular reactors. The agency projected an all-time high in nuclear power production this year, signaling a resurgence for the industry. NuScale’s SMRs, which are designed to be safer and more cost-effective than traditional reactors, are seen as a key player in this revival.

Despite its strong performance, NuScale Power ranked ninth on the list of top gainers for the day. While the company’s potential is widely recognized, some analysts argue that artificial intelligence (AI) stocks may offer even greater returns in the near term. “While we acknowledge the potential of SMR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe,” one analyst noted.

NuScale Power’s recent gains reflect broader trends in the energy and technology sectors, where innovation and government support are driving investor interest. As the energy landscape evolves, companies like NuScale are poised to play a pivotal role in shaping the future of power generation.