Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Studsvik AB ( (SE:SVIK) ) just unveiled an update.
Studsvik AB, in collaboration with Blykalla and evroc, has signed a Memorandum of Understanding to explore the development of Sweden’s first nuclear-powered data centers at Studsvik’s licensed nuclear site in Nyköping. This partnership aims to position Sweden as a leader in climate-neutral digital infrastructure by leveraging Blykalla’s advanced small modular reactor technology and evroc’s hyperscale cloud infrastructure. The initiative seeks to meet the growing demands of AI and electrification with clean, reliable baseload power, potentially setting a precedent for future digital infrastructure projects globally.
The most recent analyst rating on (SE:SVIK) stock is a Hold with a SEK234.00 price target. To see the full list of analyst forecasts on Studsvik AB stock, see the SE:SVIK Stock Forecast page.
More about Studsvik AB
Studsvik AB operates in the global nuclear power industry, offering advanced technical services such as fuel and materials technology, reactor analysis software, and radioactive waste management. With over 75 years of experience, Studsvik is a key player in nuclear technology and radiological services, employing approximately 540 people across seven countries.
YTD Price Performance: 105.51%
Average Trading Volume: 20,527
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.96B
For an in-depth examination of SVIK stock, go to TipRanks’ Overview page.