Michael Burry urged the president Donald Trump and vice president J.D. Vance Friday to accelerate a $1 trillion nuclear power and grid expansion plan to feed rising AI-driven electricity demand, arguing it is the only way for the U.S. to compete with China and sustain long-term growth.
Burry calls nuclear energy a strategic necessity
In a message at XBurry, known for his accurate prediction of the bursting of the U.S. housing bubble in the mid-2000s, called for a $1 trillion federal investment to quickly deploy small nuclear reactors across the country while building a modern, hardened national electrical grid.
He said the effort must move quickly and avoid lengthy regulatory delays, arguing that energy shortages could soon become a major drag on U.S. innovation and economic growth.
“This is the only hope of gaining enough power to keep up with China,” Burry wrote, adding that abundant energy is essential for long-term national security and the ability to ultimately manage U.S. debt.
Burry’s comments come at a time when artificial intelligence is driving explosive demand for electricity, especially from data centers and advanced manufacturing facilities.
Tech leaders express concerns about regulations
Share Burry’s post, Future group CEO Daniel Nieuwman said regulatory hurdles are the biggest obstacle to sustaining the AI revolution.
“Four words about AI that I never intended to say: Michael Burry is right,” Newman wrote. “Regulation is our biggest bottleneck in achieving our lofty AI ambitions.”
Newman also dismissed fears of an AI bubble, arguing that demand is real but power constraints threaten progress.
“We can’t power the data centers we need if we don’t accelerate energy build-out and remove the mass of regulations that are delaying ‘breaking ground,'” he said.
Elon Musk says solar energy will dominate future energy
Last year, Tesla Inc. (NASDAQ: TSLA) Elon Musk said that “solar electricity will become by far the largest source of energy for civilization,” in response to data highlighting solar energy’s growing share of new electricity generation.
Big tech companies like Metaplatforms, Inc. (NASDAQ:META), Microsoft Corp. (NASDAQ:MSFT), and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) are facing increasing electricity constraints as next-generation AI data centers consume record levels of power.
In the US, electricity demand is expected to grow by about 2.6% per year through 2030, driven largely by the rapid expansion of data centers and well above the pace of the past two decades.
Meanwhile, venture capitalist Chamath Palihapitiya has warned that the resulting pressure on the electricity grid could see electricity prices double within the next five years.
Previously, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang said that the long-term growth of AI will not be limited by chips, but by access to electricity.
Disclaimer: This content was produced in part using AI tools and was reviewed and published by Benzinga’s editorial staff.
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