Plug Power's stock experienced an 8% increase in early trading following the announcement of a significant deal with Australia-based company Allied Green Ammonia. The deal entails Allied Green purchasing a substantial three gigawatts of electrolyzers from Plug, which will be utilized in the Australian firm's green hydrogen-to-ammonia plant currently in development. While Plug will begin design and engineering work, the final investment decision for the project is anticipated by Q2 of 2025, with electrolyzer delivery expected by Q1 of 2027. The surge in Plug's stock price, rising by 28% in the last month and 37% in the previous three months, reflects investor optimism in the company's future prospects. However, some investors believe that alternative AI stocks may offer superior returns within a shorter duration. Despite the positive sentiment surrounding Plug's recent developments, it is essential to note that the ultimate success of the Allied Green project and the timeline for electrolyzer deployment remain pending decisions by Allied Green. The article also suggests exploring other AI stocks for potential investment opportunities, highlighting the dynamic nature of the stock market and individual investor preferences.