NuScale Power Corp. (SMR) climbed 12.57 percent to $41.92 on Wednesday, adding $4.68 after expressing support for ENTRA1 Energy's landmark agreement with the Tennessee Valley Authority. The deal calls for deploying up to 6 gigawatts of NuScale's small modular reactor (SMR) capacity across TVA's seven-state service area, marking the largest SMR deployment program in U.S. history.
NuScale shares traded between $225.12 and $231.80 during the session, compared with a previous close of $211.99 on the New York Stock Exchange. Volume spiked to 47.30 million shares, well above the average of 24.47 million. The stock now sits within a 52-week range of $142.66 to $231.80.
The program is expected to supply enough carbon-free electricity to power the equivalent of the Dallas-Fort Worth metropolitan area, addressing surging demand from sectors such as artificial intelligence, hyperscale data centers, semiconductor manufacturing, and other critical infrastructure.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.