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Why Nano Nuclear Energy Stock Soared Today

TheMotleyFool

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Why Nano Nuclear Energy Stock Soared Today: https://g.foolcdn.com/editorial/images/868924/nuclear-power-plant-next-to-high-voltage-electricity-lines.jpg

Nano Nuclear Energy (NASDAQ: NNE), the start-up manufacturer of small modular nuclear reactors (SMR), announced this morning that it has signed a memorandum of understanding with artificial intelligence servers powerhouse Super Micro Computer (NASDAQ: SMCI) stock. In the future, Nano nuclear reactors could become the power behind Super Micro data centers.

And Nano Nuclear stock is up 19.6% through 11:35 a.m. ET today because of it.

Image source: Getty Images.

Source Fool.com

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