AI infrastructure and nuclear energy stocks see market shifts

Super Micro Computer (SMCI) is experiencing significant market volatility despite strong fundamentals driven by the artificial intelligence infrastructure boom. The company reported Q4 FY2026 revenue of $11.12 billion, a 93.2% year-over-year increase, and entered fiscal 2027 with a record backlog and over $60 billion in new orders. While the stock has seen a 35% year-to-date gain, it has underperformed rivals like Dell Technologies and Hewlett Packard Enterprise in terms of margin quality and cash generation.

In the energy sector, NuScale Power Corporation (SMR) has seen a surge in investor interest and stock price, marking its best performance in over four months. This rally is attributed to a broader market rotation into nuclear energy stocks as companies seek reliable power sources to meet the massive electricity demands of AI data centers. Retail sentiment toward NuScale has shifted significantly toward bullishness amid this trend.

Additionally, the AI infrastructure landscape includes players like Applied Digital, which focuses on operating large-scale data centers. While Applied Digital saw a 167% revenue increase in fiscal 2026, it continues to prioritize rapid infrastructure scaling over immediate profitability, reporting a net loss for the period.