Bloom Energy stock rises on partnership to supply power to AI data center
By Connor Hart
Shares of Bloom Energy rose in post-market trading on Tuesday after the company partnered with a cloud infrastructure platform to generate power at an artificial intelligence-enabled data center.
The stock (BE) gained 14% to $17.20 after hours, and ended the day's regular regular session up 3.7% to close at $15.08. Shares are up 53% in the past three months.
Bloom's solid oxide fuel cells will be used to generate on-site power for a CoreWeave data center in Volo, Ill., the company said. The fuel cells are set to be commissioned in the third quarter of 2025.
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