Finn Stockinger(@FinnStockinger):One more point in favor of $BE - their fuel cells create DC natively, , meanwhile gas turbines create AC power that then needs to be converted to DC. Bloom believes it can reduce 1GW AI DC non compute CAPEX by 27% = $3.6B savings. AI moving towards 800V DC standard. Going with direct DC to DC can eliminate many pieces ( transformers, AC switchgear, UPS systems, AC distribution , AC/DC conversions at the rack level). Bloom's ability to create DC natively seems like a huge plus to me as we move towards 800V DC, transformers and switch gear are extremely bottlenecked and have lead times in the several years. What am I missing in this thesis?

2026.10.05 22:38

One more point in favor of $BE - their fuel cells create DC natively, , meanwhile gas turbines create AC power that then needs to be converted to DC. Bloom believes it can reduce 1GW AI DC non compute CAPEX by 27% = $3.6B savings. AI moving towards 800V DC standard. Going with direct DC to DC can eliminate many pieces ( transformers, AC switchgear, UPS systems, AC distribution , AC/DC conversions at the rack level). Bloom's ability to create DC natively seems like a huge plus to me as we move towards 800V DC, transformers and switch gear are extremely bottlenecked and have lead times in the several years. What am I missing in this thesis?