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Barchart
Wajeeh Khan

The Trump Administration Just Gave Oklo Stock a Big Boost. Here's What to Know.

Oklo (OKLO) shares are extending gains on Wednesday following reports that the Santa Clara-headquartered advanced nuclear developer has been selected for a landmark federal initiative. President Donald Trump's administration has partnered with Oklo, Microsoft (MSFT), Nvidia (NVDA), and X-Energy (XE) on a $200 million program designed to accelerate small modular reactor deployment for AI data centers.

OKLO stock has been a disappointing investment overall in 2026, currently down about 55% versus the start of this year.

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