ABB projects increased demand for its electrification products from the data center market despite the rise of low-energy AI ...
The industrial-technology company beat market views as its electrification business continued to benefit from data-center ...
ZURICH (Reuters) - ABB said it was seeing strong demand for electrical products used by data centres needed for artificial ...
ABB Ltd.’s orders rose in the fourth quarter, as demand for power hungry data centers helped offset a slump in the Swiss manufacturer’s robotics, automation and electric-mobility businesses.
ABB shares trade 2.5% higher at 51.24 Swiss francs and are up 4.7% year to date.
The global data center automation market size reached US$ ... The landscape is competitive, with key players like ABB Limited, Cisco Systems Inc., and Dell Technologies Inc. shaping the market.
ABB Ltd.’s orders rose in the fourth quarter, as demand for power hungry data centers drives growth in the Swiss manufacturer’s electrification business.
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