CITIC Securities: AI Demand Is Driving a Global Nuclear Power Revival

CITIC Securities said AI-driven electricity demand is triggering a broad revival in the global nuclear power industry, and that China’s nuclear sector has entered a phase of routine project approvals and a peak in construction activity, according to Jiemian News. The brokerage said advanced reactors are a key high-growth direction, and that small modular reactors could become an optimal solution for powering data centers and one of the best options for exporting power capacity overseas; it added that this could lead to a valuation re-rating for nuclear-related stocks. CITIC Securities recommended focusing on companies supplying nuclear island equipment, valves, special materials and main coolant pumps.