Trump Approves Landmark Nuclear Deal With Saudi Arabia in Big Win for Kingdom

While the final details are still being worked out, the proposed arrangement would mark one of the most significant steps in nuclear cooperation between Washington and Riyadh in decades.

NuScale Power jumped after reports that the Trump administration is accelerating nuclear power development for AI data centers and advancing a nuclear cooperation agreement with Saudi Arabia.

The move is likely to trigger a debate over whether the Saudi government can be trusted with a technology that can also be used to produce nuclear weapons.

The deal is expected to last 30 years and is also expected to involve US firms in developing the program.