Powering the AI Boom: Uranium’s $95 Spark

Wall Street expects a structural uranium supply bottleneck as technology hyperscalers pursue multi-decade nuclear-power agreements to support AI data centers. Long-term uranium price targets have been raised to about $95 per pound, while Westinghouse is reportedly preparing for a confidential IPO. The developments are bullish for uranium producers and nuclear-power supply-chain companies, reflecting accelerating power-demand expectations from AI infrastructure.