New York, Jan 13, 2026, 19:34 (EST) — After-hours
- Bloom Energy shares climbed 2.1%, reaching $139.77 in late trading
- AMCHAM Korea inks MOU to advance SOFC-based distributed power for AI data centers
- Investors are eyeing company presentations at PowerGen (Jan 20-22) for new clues on demand
Bloom Energy Corporation (NYSE:BE) shares climbed 2.1% to $139.77 in after-hours trading Tuesday, following a regular session range of $135.51 to $145.79.
Fuel-cell maker Bloom grabbed headlines when the American Chamber of Commerce in Korea announced a memorandum of understanding with the company to boost solid oxide fuel cell systems for next-gen AI data centers. Choi Joon, CEO of Bloom Energy Korea, described the deal as “an important starting point” for delivering “high-quality and reliable power.” (Asiae)
Why it matters now: the push to build AI data centers is running into strained power grids and lengthy delays for new hookups, pushing developers to turn to on-site power generation and other infrastructure solutions.
BlackRock noted that investors aiming to ride the AI wave into 2026 are shifting their bets toward energy and infrastructure stocks rather than megacap tech, according to a survey of 732 clients across the EMEA region. “It’s increasingly important to risk-manage megacap and AI exposure,” said Ibrahim Kanan, BlackRock’s head of core U.S. equity. (Reuters)
Data Center Dynamics called the Korean deal non-binding, noting it sets the stage for collaboration to scale Bloom’s solid oxide fuel cells. These cells produce electricity via an electrochemical process, not combustion. AMCHAM chair and CEO James Kim told the publication Bloom’s tech could provide the “energy backbone” Korea needs to climb into the top three AI powerhouses. (Datacenter Dynamics)
Other fuel-cell stocks showed varied moves late in the session: Plug Power held steady, but FuelCell Energy and Ballard Power edged lower.
But memorandums of understanding frequently fall short of binding purchase agreements, forcing investors to weigh whether Bloom can convert interest into actual signed contracts and reliable revenue streams.
The stock’s volatile moves spotlight execution risks—like delivery schedules, costs, and customer concentration—as traders adjust valuations linked to the data-center power buildout.
Next on the agenda: investors will be tuning in for customer updates and signs of demand when Bloom takes the stage at the PowerGen conference in San Antonio from Jan. 20-22. The company also plans a live webinar on Jan. 22, per its events calendar. (Bloomenergy)
