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Wall Street expects a structural supply bottleneck as tech hyperscalers secure multi-decade nuclear agreements to power advanced artificial intelligence data centers. With long-term uranium targets upgraded to about $95 per pound and a confidential Westinghouse IPO on the horizon, institutional capital is systematically front-running utility companies before legacy supply contracts fully expire.
Massive demand for electricity has led to a nuclear renaissance, but it really hasn't hit the U.S. just yet.
The company has a powerful ally with an incentive to see it grow: the U.S. government.
Two of the most significant government-led nuclear energy programs are illustrating how quickly the advanced nuclear field is expanding. The Nuclear Energy Launch Pad added 13 reactor and fuel cycle technology projects to its development pipeline.
Westinghouse, which is 49% owned by Cameco Corp. (CCJ), recently achieved initial criticality for its eVinci microreactor this month, marking a notable milestone for advanced nuclear deployment. Key Takeaways Westinghouse completed zero-power criticality testing for its 5 MWe eVinci microreactor at the Nevada National Security Site alongside DOE national laboratories.
Cameco's uranium production falls 5% in H1 2026, while disruptions and maintenance outages shaped output and its outlook.
Ontario Premier Doug Ford said Monday that Canada should be ready to cut off U.S. access to electricity and critical minerals, including uranium refined in Ontario. Cameco owns 100% of the Blind River refinery in Ontario, the world's largest commercial uranium refinery.
Callan Family Office LLC bought a new stake in shares of Cameco Corporation (NYSE: CCJ) (TSE: CCO) during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,188 shares of the basic materials company's stock, valued at approximately $732,000. A number of