US Stock Market Move | Successive winning of large long-term contracts, Bloom Energy (BE.US) surged over 8.8%.

On Thursday, Bloom Energy (BE.US) stock price rose, as of press time, the stock surged over 8.8%, reaching $310.236. On the news front, the company recently announced a global AI infrastructure cooperation agreement with asset management giant Brookfield (BN.US) with a total value of $5 billion, and also signed a 20-year, $2.65 billion power purchase agreement with American Electric Power Company, Inc. (AEP.US) to provide long-term power supply for a fuel cell power generation facility in Wyoming. Bloom Energy stated that the cooperation with Brookfield will focus on the construction of AI data center infrastructure, with plans to use Bloom Energy's fuel cell power generation technology to provide stable and continuous power support for large AI data centers and "AI factories." Meanwhile, the company also announced a long-term partnership with American Electric Power Company, Inc., a large U.S. utility company. Under the agreement, Bloom Energy will build and operate a fuel cell power generation facility in Wyoming, with a total contract value of approximately $2.65 billion over a period of 20 years. These two agreements further strengthen Bloom Energy's positioning as a provider of on-site power solutions for AI data centers. With the rapid growth in demand for AI model training and inference, data centers continue to have increasing needs for round-the-clock, uninterrupted power supply, and fuel cells, due to their advantages of stable power supply, quick deployment, and not relying on traditional grid expansion, are becoming an important choice for some large tech companies and data center operators.