For Nuclear, growth is driven by massive 10-year builds. However, once the grid is established, does the sector plateau? Is recurring fuel revenue enough to sustain growth?
In contrast for GPUs, hardware degrades and becomes obsolete every 3–5 years. This creates a "forced" replacement cycle that nuclear lacks.
So my question is, is the semiconductor model’s built-in expiration date a better long-term bet than the "build-and-hold" nature of nuclear energy?