Energy stocks are turning into AI plays due to data center power demands. Bloom Energy and GE Vernova are two seeing major gains. Bloom Energy (BE) Q1 revenue hit $751.1 million, a 130% increase. They also reached profitability with $75.1 million in net income. They build on-site fuel cells for data centers and retail chains. The stock has been highly volatile but is up over 1,200% in the last year. GE Vernova (GEV) is developing small modular nuclear reactors with Hitachi. They have the only North American project currently under construction, targeting a 2030 launch in Ontario. Their stock is up 130% over the last 12 months, backed by a $163 billion backlog.