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Oklo and X-Energy Stocks Jump 10-12% After-Hours as Trump Administration Announces $200M Nuclear Initiative for AI Data Centers

Stocks AI Industry News

2026-07-22 03:32:25

OKLO6.30%

XE7.14%

MSFT-1.20%

NVDA1.86%

According to Bloomberg, Oklo Inc. (OKLO) and X-Energy Inc. (XE) shares surged in extended trading yesterday after the Trump administration announced a $200 million federal initiative to accelerate nuclear reactor development for AI data centers. X-Energy gained as much as 12% and Oklo rose 9.9%, as the two advanced nuclear developers joined tech giants Microsoft and Nvidia in the Department of Energy program.

The $200 million effort will allocate $60 million over three years to DOE national laboratories and academic institutions, including the University of Texas at Austin, according to the internal Department of Energy document.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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