Fuel Cell Stocks Surge 8% on AI Data Center Benefits, Adding 9 Trillion Won in a Day

Bloom Energy Corporation (BE) shares closed at $254.25 on the New York Stock Exchange on the 28th, up 8.36%. Trading volume exceeded 7.45 million shares, and its market capitalization ballooned to about $71.8 billion (roughly 100 trillion KRW), adding approximately $6.5 billion (around 9 trillion KRW) in a single day.

The previous day, Oracle and Borderplex Digital Asset announced they will deploy up to 2.45 GW of Bloom Energy fuel cells to power “Project Jupiter,” an AI data center in New Mexico, raising expectations that Bloom Energy will benefit from the surge in AI data center power infrastructure.

After today’s market close, Bloom Energy is set to release its first-quarter 2026 financial results. Investors are closely watching how AI‐related demand and data center backlog will influence those results and the company’s future guidance.

Headquartered in California, Bloom Energy is a distributed power company that manufactures and sells solid oxide fuel cell–based power systems for commercial, industrial, and data center customers.

Founder and CEO K.R. Sridhar, who previously developed fuel cells for NASA, built the company on that experience and now cites the explosive power needs of AI-era data centers as its core growth driver.