AI Power & Grid
The energy bottleneck for AI buildout. Hyperscaler capex is now constrained by power availability, not chips. Nuclear baseload (CEG, VST, TLN), small modular reactors (SMR, OKLO, BWXT), uranium fuel cycle (CCJ, UEC, LEU, URA, URNM), gas peakers (NRG), grid construction (PWR, MTZ), and grid equipment (ETN, HUBB, GEV).
No ideas in this sector yet.