Constellation Energy stock, which has fluctuated wildly this year in the boom and bust of the AI hype cycle, briefly broke out Tuesday in response to news it signed a 20-year deal to sell power to Meta Platforms.

Constellation Energy shares are surging in early trading Tuesday after the company said it had struck a 20-year deal to sell nuclear power to Meta Platforms, in the latest tech firm-to-nuclear collaboration aimed at powering data centers.

Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook's parent company.