AI Boom Drives Bloom Energy: Bloom Energy Stock Jumps 17 Percent After Oracle Earnings

Münster (Germany) – Shares of U.S. fuel cell manufacturer Bloom Energy rose by 16.8 percent to 55.20 euros on Wednesday. The trigger was strong quarterly results from IT giant Oracle, as well as bright growth prospects in the AI data center sector, for which Oracle has entered into a strategic framework agreement with Bloom Energy.

In July, Bloom Energy and Oracle agreed on a partnership to supply Oracle Cloud Infrastructure (OCI) data centers with stationary fuel cells. Thanks to their modularity, scalability, and rapid deployment, fuel cell systems offer significant advantages in powering AI data centers.

Oracle reported a Remaining Performance Obligations (RPO) of $455 billion for the first quarter of fiscal year 2026, marking a 359 percent increase over the same quarter last year. Revenue from cloud infrastructure (IaaS) rose by 55 percent. CEO Safra Catz stated: “It was an astonishing quarter—and demand for Oracle Cloud Infrastructure continues to build.” Cloud infrastructure revenue is projected to grow from $18 billion this fiscal year to $144 billion by 2030.

The rapid expansion of AI data centers is creating a significant demand for reliable and clean energy, which can be met using fuel cell technology. The collaboration with a cloud hyperscaler like Oracle gives Bloom Energy a strong position in the fast-growing market for decentralized power supply to AI data centers.

Source: IWR Online, 11 Sep 2025