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FuelCell Energy leads fuel-cell stocks rally on AI data center demand, while Plug Power lags behind.

Market News
20 May 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

FuelCell Energy shares surged 15% as investors favored its pivot to AI data center power solutions, supported by strong Q4 FY2025 revenue and cash growth. Bloom Energy also gained 9%, benefiting from a $5 billion AI infrastructure partnership and robust Q1 2026 results. In contrast, Plug Power's stock rose only 1%, reflecting its focus on hydrogen production and material handling rather than AI data centers. The market currently values fuel cell companies tied to AI data center demand, with investors watching for new hyperscaler contracts and upcoming earnings reports to guide future moves.

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