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mudgeb
2021-07-22
Good work
Texas Instruments earnings blow past estimates, but tame forecast hurts stock
mudgeb
2021-04-29
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work","listText":"Good work","text":"Good work","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176547965","repostId":"2153401126","repostType":4,"repost":{"id":"2153401126","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626908760,"share":"https://ttm.financial/m/news/2153401126?lang=&edition=fundamental","pubTime":"2021-07-22 07:06","market":"hk","language":"en","title":"Texas Instruments earnings blow past estimates, but tame forecast hurts stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2153401126","media":"Dow Jones","summary":"Major auto-chip supplier's revenue surged 41% from a year ago, but shares decline in late trading as","content":"<p>Major auto-chip supplier's revenue surged 41% from a year ago, but shares decline in late trading as outlook fails to exceed expectations</p>\n<p>Texas Instruments Inc. handed back gains in the extended session Wednesday, after its forecasts for the third quarter implied slowing revenue growth amid a global chip shortage.</p>\n<p>Texas Instruments <a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a> said it expects third-quarter earnings of $1.87 and $2.13 a share on revenue of $4.4 billion to $4.76 billion, while analysts on average had forecast earnings of $1.97 a share on revenue of $4.6 billion. That forecast would reflect decelerating growth from the second quarter, which exceeded internal and analysts' estimates.</p>\n<p>The company posted second-quarter net income of $1.93 billion, or $2.05 a share, compared with $1.38 billion, or $1.48 a share, in the year-ago period. Revenue surged to $4.58 billion from $3.24 billion in the year-ago quarter.</p>\n<p>Analysts surveyed by FactSet had forecast earnings of $1.83 a share on revenue of $4.36 billion, based on the company's outlook of $1.68 to $1.92 a share on revenue of $4.13 billion to $4.47 billion.</p>\n<p>Revenue gains in the second quarter were \"due to strong demand in industrial, automotive and personal electronics,\" said Rich Templeton, Texas Instruments chairman and chief executive, in a statement.</p>\n<p>Last year, Texas Instruments reported an 11% year-over-year second-quarter decline in revenue. From there, revenue gained 1% year-over-year in the third quarter of 2020, followed by a 22% gain in the fourth quarter, then a 28% gain in the first quarter of 2021. Following a 41% gain in the just-completed second quarter, the company's third-quarter outlook forecasts a 25% increase, at best.</p>\n<p>On a conference call, David Pahl, Texas Instruments' head of investor relations told analysts that continued demand is difficult to predict and that normal seasonal patterns for the third quarter \"may not be the best measure to look at things in periods like this.\"</p>\n<p>\"Certainly, the last few quarters we would all agree have been unusual periods that we've gone through and as we continue to move through,\" Pahl said on the call. \"The last few quarters have been exceptionally strong.\"</p>\n<p>Texas Instruments ranks as a major supplier of chips and electronic components for automobiles, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hardest-hit end markets of the global chip shortage triggered by COVID-19 .</p>\n<p>\"Second quarter was certainly strong, both sequentially and year on year,\" Pahl said. \"So if you look at our guidance, it would suggest that next quarter will again be a very strong quarter.\"</p>\n<p>\"I know there's lots of speculation on how long the strong demand will last, and certainly we've read the ranges that it's going to end soon, and others that say it is going to continue for quite some time,\" Pahl told analysts. \"We're not going to forecast the fourth quarter or even comment on how long the cycle will last because honestly, as you know, we don't know. I don't think anyone knows.\"</p>\n<p>Texas Instruments shares declined as much as 4.5% after hours, following a 3.5% rise in the regular session to close at $194.24.</p>\n<p>For the auto industry, the company makes components that not only power advanced driver-assistance systems and touchscreens but practically every other aspect of a modern automobile's function, from keyless entry systems to things like lights and climate-control systems.</p>\n<p>While Texas Instruments doesn't break out auto-product sales specifically, the auto industry uses components from both the company's analog and embedded processor categories. Sales of analog electronics, which convert real-world data such as sound or temperature into digital data, jumped 42% to $3.46 billion from the year-ago period, while analysts had forecast $3.33 billion. Sales of embedded processors, which take that digital data and use it to perform specific tasks, similarly surged 43% to $780 million, with analysts expecting $753.1 million.</p>\n<p>Over the past 12 months, Texas Instruments' stock price has advanced 43%. In comparison, the S&P 500 index is up 34%, the tech-heavy Nasdaq Composite Index has advanced 37%, while the PHLX Semiconductor Index has surged 57%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Texas Instruments earnings blow past estimates, but tame forecast hurts stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTexas Instruments earnings blow past estimates, but tame forecast hurts stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-22 07:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Major auto-chip supplier's revenue surged 41% from a year ago, but shares decline in late trading as outlook fails to exceed expectations</p>\n<p>Texas Instruments Inc. handed back gains in the extended session Wednesday, after its forecasts for the third quarter implied slowing revenue growth amid a global chip shortage.</p>\n<p>Texas Instruments <a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a> said it expects third-quarter earnings of $1.87 and $2.13 a share on revenue of $4.4 billion to $4.76 billion, while analysts on average had forecast earnings of $1.97 a share on revenue of $4.6 billion. That forecast would reflect decelerating growth from the second quarter, which exceeded internal and analysts' estimates.</p>\n<p>The company posted second-quarter net income of $1.93 billion, or $2.05 a share, compared with $1.38 billion, or $1.48 a share, in the year-ago period. Revenue surged to $4.58 billion from $3.24 billion in the year-ago quarter.</p>\n<p>Analysts surveyed by FactSet had forecast earnings of $1.83 a share on revenue of $4.36 billion, based on the company's outlook of $1.68 to $1.92 a share on revenue of $4.13 billion to $4.47 billion.</p>\n<p>Revenue gains in the second quarter were \"due to strong demand in industrial, automotive and personal electronics,\" said Rich Templeton, Texas Instruments chairman and chief executive, in a statement.</p>\n<p>Last year, Texas Instruments reported an 11% year-over-year second-quarter decline in revenue. From there, revenue gained 1% year-over-year in the third quarter of 2020, followed by a 22% gain in the fourth quarter, then a 28% gain in the first quarter of 2021. Following a 41% gain in the just-completed second quarter, the company's third-quarter outlook forecasts a 25% increase, at best.</p>\n<p>On a conference call, David Pahl, Texas Instruments' head of investor relations told analysts that continued demand is difficult to predict and that normal seasonal patterns for the third quarter \"may not be the best measure to look at things in periods like this.\"</p>\n<p>\"Certainly, the last few quarters we would all agree have been unusual periods that we've gone through and as we continue to move through,\" Pahl said on the call. \"The last few quarters have been exceptionally strong.\"</p>\n<p>Texas Instruments ranks as a major supplier of chips and electronic components for automobiles, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hardest-hit end markets of the global chip shortage triggered by COVID-19 .</p>\n<p>\"Second quarter was certainly strong, both sequentially and year on year,\" Pahl said. \"So if you look at our guidance, it would suggest that next quarter will again be a very strong quarter.\"</p>\n<p>\"I know there's lots of speculation on how long the strong demand will last, and certainly we've read the ranges that it's going to end soon, and others that say it is going to continue for quite some time,\" Pahl told analysts. \"We're not going to forecast the fourth quarter or even comment on how long the cycle will last because honestly, as you know, we don't know. I don't think anyone knows.\"</p>\n<p>Texas Instruments shares declined as much as 4.5% after hours, following a 3.5% rise in the regular session to close at $194.24.</p>\n<p>For the auto industry, the company makes components that not only power advanced driver-assistance systems and touchscreens but practically every other aspect of a modern automobile's function, from keyless entry systems to things like lights and climate-control systems.</p>\n<p>While Texas Instruments doesn't break out auto-product sales specifically, the auto industry uses components from both the company's analog and embedded processor categories. Sales of analog electronics, which convert real-world data such as sound or temperature into digital data, jumped 42% to $3.46 billion from the year-ago period, while analysts had forecast $3.33 billion. Sales of embedded processors, which take that digital data and use it to perform specific tasks, similarly surged 43% to $780 million, with analysts expecting $753.1 million.</p>\n<p>Over the past 12 months, Texas Instruments' stock price has advanced 43%. In comparison, the S&P 500 index is up 34%, the tech-heavy Nasdaq Composite Index has advanced 37%, while the PHLX Semiconductor Index has surged 57%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TXN":"德州仪器"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153401126","content_text":"Major auto-chip supplier's revenue surged 41% from a year ago, but shares decline in late trading as outlook fails to exceed expectations\nTexas Instruments Inc. handed back gains in the extended session Wednesday, after its forecasts for the third quarter implied slowing revenue growth amid a global chip shortage.\nTexas Instruments $(TXN)$ said it expects third-quarter earnings of $1.87 and $2.13 a share on revenue of $4.4 billion to $4.76 billion, while analysts on average had forecast earnings of $1.97 a share on revenue of $4.6 billion. That forecast would reflect decelerating growth from the second quarter, which exceeded internal and analysts' estimates.\nThe company posted second-quarter net income of $1.93 billion, or $2.05 a share, compared with $1.38 billion, or $1.48 a share, in the year-ago period. Revenue surged to $4.58 billion from $3.24 billion in the year-ago quarter.\nAnalysts surveyed by FactSet had forecast earnings of $1.83 a share on revenue of $4.36 billion, based on the company's outlook of $1.68 to $1.92 a share on revenue of $4.13 billion to $4.47 billion.\nRevenue gains in the second quarter were \"due to strong demand in industrial, automotive and personal electronics,\" said Rich Templeton, Texas Instruments chairman and chief executive, in a statement.\nLast year, Texas Instruments reported an 11% year-over-year second-quarter decline in revenue. From there, revenue gained 1% year-over-year in the third quarter of 2020, followed by a 22% gain in the fourth quarter, then a 28% gain in the first quarter of 2021. Following a 41% gain in the just-completed second quarter, the company's third-quarter outlook forecasts a 25% increase, at best.\nOn a conference call, David Pahl, Texas Instruments' head of investor relations told analysts that continued demand is difficult to predict and that normal seasonal patterns for the third quarter \"may not be the best measure to look at things in periods like this.\"\n\"Certainly, the last few quarters we would all agree have been unusual periods that we've gone through and as we continue to move through,\" Pahl said on the call. \"The last few quarters have been exceptionally strong.\"\nTexas Instruments ranks as a major supplier of chips and electronic components for automobiles, one of the hardest-hit end markets of the global chip shortage triggered by COVID-19 .\n\"Second quarter was certainly strong, both sequentially and year on year,\" Pahl said. \"So if you look at our guidance, it would suggest that next quarter will again be a very strong quarter.\"\n\"I know there's lots of speculation on how long the strong demand will last, and certainly we've read the ranges that it's going to end soon, and others that say it is going to continue for quite some time,\" Pahl told analysts. \"We're not going to forecast the fourth quarter or even comment on how long the cycle will last because honestly, as you know, we don't know. I don't think anyone knows.\"\nTexas Instruments shares declined as much as 4.5% after hours, following a 3.5% rise in the regular session to close at $194.24.\nFor the auto industry, the company makes components that not only power advanced driver-assistance systems and touchscreens but practically every other aspect of a modern automobile's function, from keyless entry systems to things like lights and climate-control systems.\nWhile Texas Instruments doesn't break out auto-product sales specifically, the auto industry uses components from both the company's analog and embedded processor categories. Sales of analog electronics, which convert real-world data such as sound or temperature into digital data, jumped 42% to $3.46 billion from the year-ago period, while analysts had forecast $3.33 billion. Sales of embedded processors, which take that digital data and use it to perform specific tasks, similarly surged 43% to $780 million, with analysts expecting $753.1 million.\nOver the past 12 months, Texas Instruments' stock price has advanced 43%. In comparison, the S&P 500 index is up 34%, the tech-heavy Nasdaq Composite Index has advanced 37%, while the PHLX Semiconductor Index has surged 57%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100450468,"gmtCreate":1619639985054,"gmtModify":1704727158237,"author":{"id":"3577751770054497","authorId":"3577751770054497","name":"mudgeb","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577751770054497","authorIdStr":"3577751770054497"},"themes":[],"htmlText":"Fantastic ","listText":"Fantastic ","text":"Fantastic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100450468","repostId":"1116987330","repostType":2,"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":176547965,"gmtCreate":1626909998857,"gmtModify":1703480252704,"author":{"id":"3577751770054497","authorId":"3577751770054497","name":"mudgeb","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577751770054497","authorIdStr":"3577751770054497"},"themes":[],"htmlText":"Good work","listText":"Good work","text":"Good work","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176547965","repostId":"2153401126","repostType":4,"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100450468,"gmtCreate":1619639985054,"gmtModify":1704727158237,"author":{"id":"3577751770054497","authorId":"3577751770054497","name":"mudgeb","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577751770054497","authorIdStr":"3577751770054497"},"themes":[],"htmlText":"Fantastic ","listText":"Fantastic ","text":"Fantastic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100450468","repostId":"1116987330","repostType":2,"repost":{"id":"1116987330","kind":"news","pubTimestamp":1619597822,"share":"https://ttm.financial/m/news/1116987330?lang=&edition=fundamental","pubTime":"2021-04-28 16:17","market":"us","language":"en","title":"Breaking New Ground, Bloom Energy Deploys Hydrogen-Powered Fuel Cells","url":"https://stock-news.laohu8.com/highlight/detail?id=1116987330","media":"fool","summary":"Recognizing the potential boon that the hydrogen economy seems to be offering,Bloom Energy(NYSE:BE)a","content":"<p>Recognizing the potential boon that the hydrogen economy seems to be offering,<b>Bloom Energy</b>(NYSE:BE)announcedlast summer its plan to enter the commercial hydrogen market. An important first step in powering that strategy was the development of a pilot project, which the company has now successfully brought to fruition.</p><p>Bloom Energy announced today that with its partner, SK Engineering and Construction (SK E&C), it has completed the deployment in Ulsan, South Korea, of 100 kilowatts of solid-oxide fuel cells (SOFC) that are powered only by hydrogen. Whereas Bloom Energy has been pioneering fuel cell solutions for years, it had previous relied on natural gas and biogas to power its fuel cells.</p><p>The project marks an important new chapter in the company's history. Speaking about the installation, KR Sridhar, Bloom Energy's CEO, said, \"This deployment marks a significant milestone not only for Bloom, but for the future of hydrogen-based power generation.\"</p><p>Sridhar added: \"We're proud of our partnership with SK E&C. Together, we are well-positioned to play an important role in the global hydrogen economy.\"</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4902719baab123e49d21fa4dbda46b4c\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p>With the deployment of this pilot project now complete, Bloom Energy will partner with SK E&C to develop a 1-megawatt hydrogen-powered Energy Server installation by 2022. Gaining traction regarding commercial hydrogen in South Korea may prove to be valuable for Bloom Energy, considering the country's emphasis on developing a hydrogen economy. For example, South Korea is targeting the procurement of 15 gigawatts of power from fuel cells by 2040.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Breaking New Ground, Bloom Energy Deploys Hydrogen-Powered Fuel Cells</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBreaking New Ground, Bloom Energy Deploys Hydrogen-Powered Fuel Cells\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 16:17 GMT+8 <a href=https://www.fool.com/investing/2021/04/27/breaking-new-ground-bloom-energy-deploys-hydrogen/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Recognizing the potential boon that the hydrogen economy seems to be offering,Bloom Energy(NYSE:BE)announcedlast summer its plan to enter the commercial hydrogen market. An important first step in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/27/breaking-new-ground-bloom-energy-deploys-hydrogen/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BE":"Bloom Energy Corp"},"source_url":"https://www.fool.com/investing/2021/04/27/breaking-new-ground-bloom-energy-deploys-hydrogen/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116987330","content_text":"Recognizing the potential boon that the hydrogen economy seems to be offering,Bloom Energy(NYSE:BE)announcedlast summer its plan to enter the commercial hydrogen market. An important first step in powering that strategy was the development of a pilot project, which the company has now successfully brought to fruition.Bloom Energy announced today that with its partner, SK Engineering and Construction (SK E&C), it has completed the deployment in Ulsan, South Korea, of 100 kilowatts of solid-oxide fuel cells (SOFC) that are powered only by hydrogen. Whereas Bloom Energy has been pioneering fuel cell solutions for years, it had previous relied on natural gas and biogas to power its fuel cells.The project marks an important new chapter in the company's history. Speaking about the installation, KR Sridhar, Bloom Energy's CEO, said, \"This deployment marks a significant milestone not only for Bloom, but for the future of hydrogen-based power generation.\"Sridhar added: \"We're proud of our partnership with SK E&C. Together, we are well-positioned to play an important role in the global hydrogen economy.\"IMAGE SOURCE: GETTY IMAGES.With the deployment of this pilot project now complete, Bloom Energy will partner with SK E&C to develop a 1-megawatt hydrogen-powered Energy Server installation by 2022. Gaining traction regarding commercial hydrogen in South Korea may prove to be valuable for Bloom Energy, considering the country's emphasis on developing a hydrogen economy. For example, South Korea is targeting the procurement of 15 gigawatts of power from fuel cells by 2040.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
