Key Takeaways:
Pelosi disclosed fresh purchases of Intel and Bloom Energy shares and options worth up to $13.5 million, according to a Monday regulatory filing.
The trades, marked as spouse and executed by Paul Pelosi, include 10,000 Intel shares valued at $500,001 to $1 million and 50 Intel call contracts with a $50 strike price expiring June 17, 2027. The filing also lists 15,000 Bloom Energy shares and 200 call options with a $100 strike and the same expiration date, marking Pelosi's first-ever disclosed position in the fuel-cell company. Combined, the transactions total $3.75 million to $13.5 million — 77.6 times Pelosi's $174,000 congressional salary at the high end.
Bloom Energy shares rose 6.4 percent in pre-market trading Monday, approaching $217 after Friday's close of $204.02. Intel gained more than 3 percent in early trading. Both stocks have more than doubled in 2026, with Bloom Energy up 136.6 percent and Intel up 121.1 percent year-to-date. The broader market opened higher as well, with the S&P 500 up 0.37 percent, the Dow up 0.33 percent, and the Nasdaq Composite up 0.67 percent. Optical communication and memory chip stocks led the advance, with SanDisk, Lumentum, Marvell Technology, and Coherent each rising more than 3 percent, while Western Digital, Seagate Technology, Micron Technology, and Ciena gained more than 2 percent.
The purchases connect two companies through the AI infrastructure buildout. Bloom has supplied fuel-cell power to Intel's Santa Clara data center since 2014 and announced a 2024 expansion that would create Silicon Valley's largest fuel-cell-powered high-performance computing data center. Bloom's Q2 revenue exceeded $1 billion for the first time, up roughly 166 percent year-over-year, and management raised full-year 2026 guidance to $3.9 billion to $4.2 billion.
Bloom's AI power business has expanded rapidly. In April, the company announced an agreement with Oracle supporting up to 2.8 gigawatts of fuel-cell capacity, including 1.2 gigawatts already deployed across U.S. projects. Bloom said its AI infrastructure business now spans nearly two dozen customers and approximately 250 megawatts outside the Oracle agreement.
Pelosi has disclosed about $18 million in stock transactions in 2026, according to Quiver Quantitative data. She disclosed $48.63 million in trades in 2025, with the majority — $42.88 million — being sales. Pelosi is not running for re-election in 2026, meaning public disclosure of her trades will end in January 2027.
The disclosures add to investor attention on congressional trading, which has become a closely watched signal for retail traders. Pelosi previously disclosed 200 Intel $50-strike calls with a March 2027 expiration on May 29. The new positions extend her exposure to both companies as AI-driven electricity demand reshapes the power and semiconductor sectors.
This article is for informational purposes only and does not constitute investment advice.
