Last Updated:
First Published:
Shares of nuclear-energy companies were taking a beating Friday amid growing fears that the Trump administration’s push to lower electricity prices for consumers would lead to increased supply and competition.
The worries come as consumers have been hurt by rising electricity prices amid demand for energy needed to power all the data centers being built in the era of artificial intelligence. In the government’s
latest inflation report, electricity prices jumped 6.7% from a year ago — more than double the overall inflation rate of 2.7%.
