Google has agreed to fund upgrades at Georgia Power's Vogtle and Hatch nuclear plants to increase electricity capacity for its AI data centers, as local opposition to AI facilities mounts over concerns about strain on power grids and rising utility costs. The deal reflects a broader trend of AI companies turning to nuclear power for infrastructure projects, partly due to the Trump Administration's opposition to solar and wind energy development.
Micron Technology stock rose 5.5% on September 17 after Intel's CEO warned that memory production capacity is very limited and the shortage will worsen next year. As the largest U.S. memory maker benefiting from AI data center demand, Micron has significant pricing power alongside South Korean competitors Samsung and SK Hynix.