President Donald Trump on Friday signed orders meant to accelerate the construction of nuclear power plants, including small, untested designs that offer the promise of rapid deployment but haven’t yet been built in the US.

Facing the first rise in power demand in two decades from the boom in artificial intelligence, Trump declared an energy emergency on his first day in office. Chris Wright, the energy secretary, has said the race to develop power sources and data centers needed for AI is "Manhattan Project 2",

Shares in companies tied to nuclear power jumped Friday, helped by President Donald Trump’s rollout of four executive orders that aim to provide a boost to the sector, but there were concerns about whether there could be much of a near-term impact.

A Cold War-era statute could soon return to the forefront of American energy policy, as President Donald Trump signed four executive orders on Friday designed to jumpstart the domestic nuclear energy industry.

Constellation Energy, the largest nuclear operator in the U.S., rose by 3% by Friday afternoon, while shares of uranium mining firms Uranium Energy (23%), Energy Fuels (17%), Cameco Corp. (9.5%) and Centrus Energy (22%) also spiked in value.

The House narrowly passed its massive GOP tax and spending cuts package on Thursday, sending President Donald Trump’s “one big, beautiful bill” over to the Senate, where it will likely face many changes.