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Alphabet Stocks Rise Higher as Nuclear Deal Locks 3.6 Gigawatts
GuruFocus ·
GuruFocus reports: Alphabet, the search, advertising and cloud parent , secured power agreements totaling 3,590 megawatts with Constellation Energy, while shares fell about 0.7% to $347.935 on October 9. Google's AI ambitions need more than chips. They need dependable electricity, and this deal addresses a constraint that bigger technology budgets alone cannot fix. According to Google's announcement, a 20-year agreement supports 890 megawatts of new nuclear capacity through upgrades at…