Amazon Invests Billions in 3 Oppenheimer Projects

Daily Profit Investing Research

October 18, 2024 by Ian Wyatt

Amazon (NASDAQ: AMZN) just signed 3 deals…

To build breakthrough Oppenheimer Projects in Washington and Virginia.

This news is sending next generation energy stocks soaring. And my #1 pick could jump as much as 1,355%.

Go here asap for the NAME & TICKER.

The headline read…

“Amazon signs agreements for innovative nuclear energy projects to address growing energy demands.”

Amazon plans to use Oppenheimer Projects to power its Artificial Intelligence data centers. These projects are also known as “Small Modular Reactors.”

“We’re very bullish about the technology. We think that it’s one of the key parts of our portfolio going forward as we move towards completely clean energy,” explains the CEO of Amazon Web Services.

Here’s a breakdown of Amazon’s three deals…

Amazon is working with Energy Northwest to develop 4 advanced Oppenheimer Projects in Washington. These will generate up to 960 megawatts of energy – enough to power 770,000 homes.
Amazon is investing in a startup called X-energy. That company developed the Oppenheimer Project design that will be used in in the Washington state projects.
Amazon is exploring a deal with Dominion Energy to develop an Oppenheimer Project at a location outside of Richmond Virginia.

Plus, earlier this year Amazon invested $650 million in a data center campus that’s directly connected to a nuclear power plant in Pennsylvania.

Amazon’s announcement comes days after Alphabet (NASDAQ: GOOG) announced a similar deal.

This news confirms what I’ve been saying for months…

Artificial Intelligence will spark massive demand for energy. And big tech companies will rush to secure clean, safe and abundant sources of electricity.

Conventional nuclear power and next generation Oppenheimer Projects are THE SOLUTION to this challenge.

That’s why I’m incredibly bullish on 5 undiscovered stocks.

Two of these stocks are jumping +30% after this news. And that’s just the start…

My estimates suggest shares could soar 313% – 1,355%.

Go here ASAP for details – I’ll even give you the NAME & TICKER of one top pick.

Ian

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