11 nuclear reactors plus AI data-center power demand drive the upside.
DUK should compound as AI-driven electricity demand meets its nuclear baseload capability and near-term transmission spend, supported by its regulated cash flows.
DUK’s regulated utility model provides dependable cash flows, while AI data centers increase baseload power needs beyond traditional expectations. With 11 nuclear reactors already operating and a more than $100 billion capital spending program through 2030 to expand transmission and reduce emissions, DUK is positioned to capture growth from neighboring data-center buildouts.