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Bloom Energy shares jump 13% after NVIDIA-backed Nebius Group selects its fuel cells for a 300-megawatt AI data center, FuelCell Energy climbs 11% in sympathy.
Bloom Energy's Q2 revenue was $1.07 billion, up 165%, with CEO KR Sridhar stating that all major U.S. hyperscalers have approved its power solutions. The deal with Nebius Group, an AI cloud operator, helps unlock and expedite sites for its planned Vineland, New Jersey AI data center, which had faced permitting and zoning opposition related to proposed gas generation. Nebius Group's stock also surged 26% after its Q2 earnings report.
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