10 Stocks Exploding Higher: Bitcoin Miners Dominate the List

8.  Uranium Energy Corp. (NYSEAmerican:UEC)

Uranium Energy rallied for a fifth consecutive day on Wednesday, jumping 9.31 percent to close at $7.63 apiece as investor sentiment was bolstered by President Donald Trump’s announcement of investments worth $92 billion in the artificial intelligence sector.

Additionally, Trump said that the US government will speed up permits for an expected boom in the development of new power plants.

The announcement sparked excitement among investors, boosting renewed interest in shares of companies that will largely benefit from AI.

For its part, Uranium Energy Corp. (NYSEAmerican:UEC) is set to take advantage of the soaring energy demand as AI data centers grow more thirsty for power.  The nuclear sector, one of the key players of the energy mix, is heavily reliant on uranium products to fuel its power plants is expected to propel the growth of the uranium industry.