LongGameEquity
Long-Term Investor, AI & Software
Constellation Energy is landing a massive nuclear deal with Google, reinforcing its position as one of the best-placed beneficiaries of AI's need for huge amounts of reliable power. It is the largest US nuclear provider, producing roughly 20% of the country's nuclear power and about 10% of US clean energy. x.comÂ
Constellation Energy is positioned for AI's electricity demand because data centers need reliable 24/7 power and it is expanding nuclear capacity, including bringing the Crane plant back online for Microsoft. Amazon has now signed a super bullish 20-year agreement for 690 MW of Constellation's nuclear power, including about 190 MW of new capacity and over $3B of investment at Calvert Cliffs. x.com x.com x.comÂ
Constellation Energy's long-term contracts and growing nuclear-power demand underpin its appeal. It signed 15- to 20-year deals with Google, Amazon and Walmart in 2026, yet its forward P/E has fallen to about 20x from a massive 2025 premium. It looks like an even better bet today. x.comÂ
Alphabet's and Amazon's decades-long nuclear power deals show the AI buildout is not going backwards, since hyperscaler growth depends on securing electricity. Google committed to 20 years of nuclear power from Constellation Energy, supporting 890 MW of new capacity at 11 existing units, plus a separate 15-year deal for 2,700 MW, 3.59 GW combined. Amazon signed a 20-year deal supporting the Calvert Cliffs expansion. The AI opportunity extends well beyond chip designers and model builders. x.comÂ
Constellation Energy, Talen, NRG and Modine look weak because of the data-centers-in-space narrative. Once the first big solar-powered rack of GPUs reaches orbit, the market will react and cooling names will crash too, whether or not many space GPUs arrive this decade. @InvestsCletus adds that regulatory hurdles to deals between existing power plants and data centers also weigh on these names, while distributed-generation builders like Bloom Energy stay strong. x.com x.com x.comÂ
Nvidia's CUDA retains developers, putting it among 12 stocks that could dominate the decade ahead. Nebius's GPU rental price rise signals demand; Fabrinet and Credo supply AI connectivity. DraftKings has betting scale; Microsoft has Azure and an OpenAI partnership; Figma anchors design work; Shopify powers stores. TeraWulf pivots power sites to AI leases; Constellation, the largest US nuclear operator, signs big-tech power deals; Meta spends on AI; Uber has autonomous-vehicle partnerships. x.com … Show more
Alphabet's businesses beyond search are why it will lead the real AI boom. Google Cloud, DeepMind and Waymo broaden its reach, and its $900 million SpaceX investment is now worth $85 billion. Fear emerging as the shares fall is an opportunity; a decline toward the buy zone is welcome, even as Q3 capex has taken a large hit out of free cash flow. x.com x.com x.com x.comÂ
Google Cloud's accelerating growth positions it to lead the AI cloud market, strengthening Alphabet beyond Search. It may pass Azure next quarter, then AWS, rising from #3 to #1 in 18-24 months. Selling its Anthropic stake could fund 12-18 months of capex and buybacks, but moving roughly $300B at market price without harming their TPU and Cloud partnership is unlikely. Alphabet is cheaper than Anthropic on sales or earnings multiples; the market likely expects a 2027 capital raise. x.com x.com … Show more
Vistra's shift toward long-term hyperscaler contracts may warrant a higher multiple than its roughly 14x forward earnings, versus about 21x for Constellation. Its 3.8 GW of nuclear commitments with Meta and Amazon could reduce exposure to volatile wholesale prices; Lotus added 2.6 GW of gas capacity and the pending Cogentrix deal could add 5.5 GW. Further contracts and controlled leverage remain important to the upside case. x.comÂ
These 12 stocks offer exposure to AI, automation, health care, consumer growth and nuclear demand. AMD makes AI chips; Oracle builds AI cloud; Vertex has multiple drug opportunities. Arista supplies data-center switches, KLA inspection tools and Cadence chip-design tools. Palantir sells AI platforms; Symbotic automates warehouses; Alphabet spans search, cloud and AI. Celsius has US consumer momentum, AppLovin runs high-margin mobile ads, and Cameco mines uranium and co-owns Westinghouse. x.com … Show more
Uranium and nuclear stocks look to have bottomed as AI drives record demand for nuclear power and carbon goals. Google signed a major power deal with Constellation Energy, adding 890 MW of nuclear capacity in PJM, and France expects EU approval to subsidize six new reactors totaling about 10 GW. The IEA sees global electricity use rising about 5,400 TWh by 2030, and Goldman Sachs estimates a 2.3 billion-pound uranium deficit through 2045. Fall seasonality and a double bottom add support. x.com … Show more
Constellation Energy is the dominant winner of the AI nuclear power land grab, giving it pricing power over AI compute's most critical input. Hyperscalers' net-zero targets rule out coal and gas, and only nuclear offers 24/7 zero-carbon baseload, so data centers must sign PPAs with its 22,000MW fleet. The inflation-indexed IRA tax credit floors profits while leaving price upside uncapped. Calpine adds 21,000MW and ERCOT and PJM merchant upside; 2026 EPS is guided at $11-12 with 20%+ growth. … Show more
