TechBloomberg Tech1h ago
Schneider Hikes Guidance Again on Soaring Data-Center Demand
TL;DRSchneider Electric raised profit forecasts again due to booming data center business.
Why it matters: AI infrastructure buildout is fueling massive demand for power and cooling gear suppliers.
Schneider Electric SE grew sales at the fastest clip in five years and lifted its guidance for a second time this year, driven by soaring data-center demand.
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