Oklo Inc. (OKLO) Hit a Fresh High Following Newcleo Agreement

The share price of Oklo Inc. (NYSE:OKLO) surged by 11.03% between October 10 and October 17, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.

Oklo Inc. (NYSE:OKLO) continued to rally this week after the company signed an agreement with France-based Newcleo to develop advanced fuel fabrication and manufacturing infrastructure in the United States. Subject to customary approvals, Newcleo plans to invest up to $2 billion, while Sweden’s nuclear energy company Blykalla is also considering co-investing and procuring fuel-related services from the projects.

Doug Burgum, Secretary of the Interior and Chairman of the National Energy Dominance Council, commented:

“This agreement to implement Newcleo’s advanced fuel expertise into Oklo’s powerhouses and invest $2 billion into American infrastructure and advanced fuel solutions is yet another win for President Donald J. Trump’s American Energy Dominance Agenda. This administration is committed to enhancing energy security, creating more American jobs, and ensuring that the United States remains at the forefront of global energy production and innovation, and I’m honored to support today’s announcement to advance these goals.”

While we acknowledge the potential of OKLO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.