Nebius to use Bloom Energy fuel cells for 300-MW AI data center, sending BE stock up 12.3%

Published Aug 15, 02:00 PM UTC

Editorial responsibility

Prepared by: WorldAttention Editorial Systems
Human review: No named human review is recorded for this page.
Automated steps: Source reporting is collected, normalized, translated or condensed automatically when needed.
Page status: Automatically published source-backed update

How automation and AI are used · Report a correction or rights issue

Nebius Group (NBIS) announced during its Q2 earnings call that it will use Bloom Energy's (BE) solid oxide fuel cells for its planned 300-megawatt AI data center in Vineland, New Jersey. Nebius executives cited Bloom's technology as quieter, more reliable, and ultra-low-emission, helping overcome local permitting and community opposition. The endorsement sent BE stock up 12.3% on August 12, 2026. Bloom Energy, a leader in fuel cell technology, is positioned as a key player in the AI infrastructure race due to rising data center power demands. Despite a 457% gain over the past 52 weeks, BE stock had faced recent pressure from short-seller allegations regarding scandium oxide sourcing and a broader market rotation out of AI stocks. The Nebius deal provides a timely positive catalyst for the stock.

Source

Yahoo FinanceWestern

Original headline: Nebius Just Gave Bloom Energy a Big Boost. What It Means for BE Stock.

Original language: EN-US