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

ABB projects increased demand for its electrification products from the data center market despite the rise of low-energy AI models. While DeepSeek sparked concerns in the tech sector, ABB's CEO ...

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 ...

The "Data Center Automation Market Report by Type, Solution, Deployment Mode, End User, Industry Vertical, and Region ...

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

Investing.com -- ABB (ST: ABB) on Thursday posted strong order growth in the fourth quarter of 2024, driven by surging demand ...

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) ...