Bloom Energy raised its full-year guidance after reporting stronger first-quarter profit and revenue, capitalizing on digital power demand amid the artificial intelligence boom. The fuel-cell technology provider posted a profit of $70.7 million, or 23 cents a share, reversing from a loss of $23.8 million a year earlier. This marks a significant turnaround for the company that has struggled with profitability in recent years.

The company's performance reflects broader trends in the energy sector as businesses seek reliable power solutions for data centers and computing infrastructure. Despite positive earnings, shares fell 3.54% in recent trading, suggesting investors remain cautious about the sustainability of the growth trajectory. Energy analysts point to increased adoption of fuel cells as backup power sources for critical digital infrastructure.

Bloom's success highlights how the artificial intelligence boom is creating unexpected beneficiaries beyond the obvious tech giants. Fuel-cell technology, once considered a niche renewable energy solution, now finds itself at the intersection of two rapidly growing markets - clean energy and digital infrastructure. The company raised its full-year revenue guidance to $1.2 billion, indicating confidence in continued market demand.