Jeff Bezos Goes Nuclear

Dear Reader,

This past Wednesday, Amazon became the latest of the Big Five tech brands to announce its entry into the nuclear energy business.

The world’s biggest online retailer signed three deals, including one with public utility conglomerate Energy Northwest, another with developer X-Energy for the construction of small modular reactors (SMRs), as well as an agreement with Dominion Energy for SMR development in Virginia.

The driving force behind all this is the same as it is for the rest of the world’s biggest technology corporations: The evolution of AI, which could account for as much as 10% of the U.S. energy market by the end of the decade.

I said it before in the previous weeks, but it warrants repetition: If this foray into the world of nuclear energy appears desperate, I assure you it’s not out of greed.

Artificial intelligence has already been identified as the next paradigm-shifting mass-adopted technology — perhaps the most profound since the emergence of consumer internet more than 30 years ago.

These companies are not just fighting for market share of this rapidly expanding sector… They’re fighting for their very survival.

Big Tech and AI… A Fight to the Death

Major brands like Yahoo, MySpace, and America Online, all once on the cutting edge of their respective industries, are now either gone altogether or mere shadows of their former selves.

So if this sudden dive into the nuclear space by Bill Gates, Sam Altman, and now Jeff Bezos seems a bit over the top, don’t be fooled.

Because once the AI genie left the lamp, everyone had to rush to keep up — or face obsolescence.

Now, this is what’s called a macrotrend, and we saw it coming from a mile away.

But we saw another thing coming too, and this one most others missed… This nuclear revolution will require something: fuel.

That fuel is uranium, and despite being the world’s biggest producer and consumer of nuclear power, the U.S. trails just about everyone in the production of high-grade nuclear fuel.

If that’s shocking to you, it should be, because this country simply would not function without it.

U.S. Uranium Production Has Been Dying for 7 Decades

And it’s not just our civilian reactors that need uranium. Our military needs it to power its most expensive, most powerful warships.

Our uranium situation was so dire that up until earlier this year, we were still buying a good chunk of our supply from the Russians — while helping the Ukrainians wage war against them at the same time.

To most people, depending on a sworn enemy for an essential strategic resource sounds like trouble, but to us, that spelled opportunity.

Because there was one company in the U.S., just one, that was about to kick off the first new uranium refinement operation in more than 70 years.

Nobody was talking about it back in 2023, but they’re talking about it now, as this company remains the only American entity still legally allowed to import uranium from the Russian Federation.

How It All Came to Rest on the Shoulders of One Energy Company

That’s how important the DoD and DoE saw this firm.

But it wasn’t until Silicon Valley went hard into nuclear that the story really started rolling.

Over the last five weeks, this company’s stock has more than doubled as the retail investment community has become more aware of the start deficiencies in the U.S. uranium supply chain.

Big Tech, you see, isn’t as slow and bureaucratic as the federal government. When they need something, resources and manpower fall from the sky in overwhelming volumes.

Which means this company, which is now also the linchpin of the new nuclear energy revolution, is going to be on the receiving end of quite a bit of business.

Our readers learned about this Bethesda, Maryland-based firm months ago, before the headlines started pouring in.

But even after the doubling in share price, the company is still trading at a valuation of less than $1 billion — a pittance compared with its long-term value.

That means it’s not too late to get informed and get some exposure to what could be the biggest story in energy in the last 50 years.

Check out my video presentation right here.