Nvidia Partners with Oklo, Los Alamos on AI Nuclear Tech at $199

Nvidia (NVDA.OQ) announced a partnership with nuclear startup Oklo and Los Alamos National Laboratory on April 23, 2026, to apply AI, digital twins, and modeling for next-gen nuclear fuel, reactor validation, and grid support for AI data centers. The news drove Oklo shares up 5.91% to ~$76.69, with HSBC initiating coverage at a $96 target (~33% upside) and Bank of America citing a $10 trillion nuclear opportunity. Nvidia shares held at ~$199.13 with a $4.9T market cap, signaling strategic AI-infrastructure expansion but limited near-term financial impact.