Nancy Pelosi makes intriguing first-ever bet on AI power stock

Nancy Pelosi has been one of the most financially active members of Congress for years, and Wall Street has learned to observe when she files her disclosure forms.

Pelosi is the former Speaker of the House, who represented San Francisco for 39 years and is known for reading the political and economic landscape better than most.

In a recent Periodic Transaction Report , Pelosi disclosed two purchases that land squarely in the Artificial Intelligence (AI) infrastructure trade.

Nancy Pelosi bought Intel. Again. And she made her first-ever bet on Bloom Energy.

According to the disclosure disclosure form , Pelosi purchased 50 call options on Intel with a $50 strike price expiring June 17, 2027, along with 10,000 Intel shares worth between $500,001 and $1 million, on July 24.

She also purchased 15,000 shares of Bloom Energy and 100 call options with a $100 strike price expiring June 17, 2027.

The Intel position adds to the May call options my colleague at TheStreet disclosed in June . The Bloom Energy position is new.

INTC trades near $87.26, and BE trades near $204.02 as of late August, according to Yahoo Finance .

Bloom Energy is the most interesting purchase for Nancy Pelosi

Bloom Energy is not a household name, but increasingly a hyperscaler necessity. The 25-year-old, San Jose-based company manufactures solid oxide fuel cells that generate electricity on-site, independently from the grid.

Data centers, AI factories, manufacturing facilities, and any large power consumer that cannot wait for grid capacity to catch up are potential Bloom customers.

The AI infrastructure boom has turned Bloom's business from a niche clean energy play into something closer to essential infrastructure.

Related: Bloom Energy Q2 2026 Earnings Call: Recap of $BE Earnings, Outlook

Every major U.S. hyperscaler and more than a dozen AI labs and neocloud data center operators have validated and approved Bloom's power solutions for their AI factories, according to CEO KR Sridhar in the Q2 earnings release .

"Bloom is now a standard for AI onsite power," Sridhar said.

The financial performance actually backs that positioning.

Q2 2026 revenue hit $1.065 billion, surpassing $1 billion for the first time in company history, up 165.5% year over year (YOY).

Gross margin expanded by 668 basis points.

Operating income of $182.2 million compared to a $3.5 million operating loss a year earlier.

Non-GAAP EPS of $0.78 grew $0.68 YOY. Full-year 2026 revenue guidance was raised to $3.9 billion to $4.2 billion, representing approximately 100% YOY growth at the midpoint. Source: Bloom Energy Q2 2026 Earnings Results

Non-GAAP EPS of $0.78 grew $0.68 YOY. Full-year 2026 revenue guidance was raised to $3.9 billion to $4.2 billion, representing approximately 100% YOY growth at the midpoint.

Source: Bloom Energy Q2 2026 Earnings Results