Nancy Pelosi invests in Intel and Bloom Energy as part of AI infrastructure bet
Former House Speaker Nancy Pelosi has made a new investment in the artificial intelligence (AI) sector by purchasing shares and call options for both Intel and Bloom Energy. Her latest move includes 10,000 additional shares of Intel along with more call options, building on previous purchases this year. She also added 15,000 shares of Bloom Energy, a clean energy company that provides fuel cell technology to power data centers and AI facilities. Bloom Energy has seen significant growth due to increased demand for reliable off-grid power solutions in the AI infrastructure boom. The company reported record Q2 revenue exceeding $1 billion with strong year-over-year gains across key financial metrics. CEO KR Sridhar highlighted that Bloom's technology is becoming a standard solution for major hyperscalers and AI labs. Pelosi’s investments reflect her continued focus on positioning herself in high-growth sectors, particularly those tied to the future of computing infrastructure.
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Topics: AI Energy Infrastructure Politics Stock Market