On June 23, Bloom Energy fell 11.52% in regular trading, trading at $307.86/share, with turnover of $430 million. The decline was driven by escalating market concerns over AI data center infrastructure execution risks.

On the news front, AI infrastructure services provider Crusoe suspended development of a large data center project in Cheyenne, Wyoming at its client's request. The project had originally planned to incorporate approximately 900 megawatts of Bloom Energy fuel cell systems, representing potential revenue of approximately $2.65 billion. Although the project was subsequently confirmed not to have been terminated, unprecedented resistance to data centers across the United States — with at least 75 projects blocked or delayed in Q1 alone — combined with grid interconnection bottlenecks, has raised significant doubts about the pace of order fulfillment for power equipment suppliers.

Within the Heavy Electrical Equipment sector, stocks declined broadly. GE Vernova fell 7.46%, INNIO Holding fell 8.97%, Forgent Power Solutions fell 6.21%, NuScale Power fell 3.20%, and NANO Nuclear Energy fell 3.84%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)