On April 13 (local time), Bloom Energy, a prominent player in the US stock market specializing in fuel cells, unveiled the expansion of its collaborative efforts with Oracle. As part of this development, Oracle has outlined plans to acquire up to 2.8 gigawatts of Bloom's cutting-edge fuel cell systems. This strategic move is aimed at bolstering the construction of Oracle's AI data centers. Notably, the initial phase of this agreement has already been finalized, with Oracle committing to purchase 1.2 gigawatts of the systems. In response to this significant news, Bloom Energy's stock price experienced a remarkable surge, climbing over 15% in after-hours trading and ultimately reaching an unprecedented all-time high.
