AI Data Center Beneficiary Plummets... 5 Trillion Won in Market Cap Vanishes in a Day

Bloom Energy Corporation (ticker: BE) shares plunged 9.9% on the New York Stock Exchange on the 19th, closing at $150.24, erasing roughly $3.8 billion (about ₩5 trillion) in market value in a single day.

At the closing price, the company’s market capitalization stands at approximately $42.1 billion (about ₩57 trillion), with trading volume for the day reaching around 6.9 million shares.

Last month, Bloom Energy reported its fourth-quarter and full-year 2025 financial results and provided an outlook for 2026, alongside updates on revenue and order trends. Earlier, the company announced a strategic partnership with Brookfield to develop up to $5 billion worth of fuel cells for AI data centers and revealed plans to double its annual production capacity from 1 GW to 2 GW by 2026, positioning itself as a key beneficiary of AI infrastructure growth.

Bloom Energy is a U.S. clean-energy firm that uses solid oxide fuel cell technology to deliver on-site power, targeting data centers as well as commercial and industrial customers. In South Korea, the company has partnered with SK ecoplant to localize fuel cells and hydrogen electrolyzers, and is regarded as particularly sensitive to Korean fuel cell auction outcomes and shifts in hydrogen economy policies.