Tech giants have increasingly set their long-term sights on nuclear power to fuel their artificial intelligence ambitions.
Getting there will require more natural gas along the way — an incentive to stay invested in driller Coterra Energy .
Indeed, the Facebook and Instagram parent on Tuesday released a request for proposals from nuclear energy developers.
Meta said its goal is to add between 1 to 4 gigawatts of nuclear power in the U.S. beginning in the early 2030s.
That will allow for more natural gas produced in the U.S. to be shipped around the world, particularly into Europe.
Persons:
Entergy, Jim Cramer, Jim, Meta, Tom Jorden, There's, It's, …, Trump, Biden, Coterra, Instagram, Jim Cramer's, Meg Roussos
Organizations:
Tech, Coterra Energy, Meta, Microsoft, U.S, Facebook, Department of Energy, bottoming, CNBC, Bloomberg, Getty
Locations:
Louisiana, U.S, Pennsylvania, Department of Energy . Houston, Europe, Russia, Ukraine, Prineville , Oregon