✉news BusinessBusiness first seen 6 d ago, last 6 d ago, peak #20
ABB posts record quarterly orders on data centre demand
Original: ABB posts record quarterly orders helped by data centre boom
Swiss engineering group ABB reported record quarterly orders, driven by strong demand from data centre customers. The company's automation and electrification equipment is being bought in large volumes as companies expand data centre capacity amid the AI investment boom. The results underline how the digital infrastructure buildout is becoming a major revenue driver for industrial suppliers.
Why now: ABB's record order intake highlights how the data centre and AI investment boom is lifting industrial companies' earnings.
Rank over time, top of the chart is #1. 2 snapshots from 6 d ago to 6 d ago.
Evidence
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