ABB's major catalysts include AI-driven data center infrastructure and power generation demand. Read why I rate ABB stock a ...

ABB expects increased demand from the data centre market for its electrification products, CEO Morten Wierod said on Thursday ...

Siemens posted a first-quarter net profit increase that beat market expectations as it continues to benefit from data-center ...

ABB Ltd.’s orders rose in the fourth quarter, as demand for power hungry data centers drives growth in the Swiss manufacturer ...

The industrial-technology company beat market views as its electrification business continued to benefit from data-center demand.

ABB shares trade 2.5% higher at 51.24 Swiss francs and are up 4.7% year to date.

ABB has been a beneficiary of the increase in ... run at 97.4% efficiency when converting electricity. "The need for data center and AI will be very strong in the coming years," Wierod said.

ABB Ltd expects increased demand from the data center market for its electrification products, CEO Morten Wierod said on Thursday, despite the promise of lower-energy artificial intelligence (AI) ...