U.S. oil giant's CEO is a fan of this nuclear energy technology and thinks there could be a role ‘for a company like ours' [Yahoo! Finance Canada]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance Canada
That comes as Google, Amazon and Microsoft have signed nuclear-energy deals in recent months to fuel their AI technology, which requires vast amounts of electricity. Such investments are part of a growing acknowledgment that other sources of carbon-free energy may not be available at the speed and scale to accommodate the tech sector's relentless AI race. In his talk at the Atlantic Council, Wirth also nodded to those realities, signaling a broader view of energy options in the future. "Are we serious about climate, or are we just trying to say no to things?" he said, recalling a conversation he had with someone who was passionate about climate change but opposed to nuclear energy. "So we need to rule solutions in—not out—because we need more solutions and we need more innovation." Meanwhile, Wirth's counterpart at Exxon Mobil , another Fortune 500 company , cautioned Wall Street analysts on the timeline for nuclear power, as the type of small modular reactors that Silicon Va
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XOM
Earnings
- 11/1/24 - Beat
XOM
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 4
- 12/2/24 - Form 4
- XOM's page on the SEC website