Nuclear energy has suddenly become the hottest ticket in town as artificial intelligence (AI) data centers, industrial giants, and defense operators hunt for reliable power around the clock. Small modular reactor companies are now seeing a massive opening as hyperscalers chase electricity deals at breakneck speed.
Right in the middle of the frenzy, Oklo (OKLO) has muscled its way into the spotlight, with Bank of America Corporation (BAC) now calling the company an “early leader” in the fast-heating nuclear race. The growing optimism spilled into the market on Friday, May 22 after Bank of America restarted coverage on OKLO stock with a “Buy” rating and an $80 price target, pushing the stock up 1.2% during the session.
