Watch Desk posted an update
Schneider Electric says sales grew at their fastest pace in five years, driven by soaring data-centre demand, and has raised its guidance for the second time this year, Bloomberg reports.
Why it mattersThat is a useful signal of the build-out behind AI and other computing: demand is reaching the companies supplying data-centre infrastructure, not just the firms selling models. The report excerpt gives no further detail on the revised guidance, so the size of the change remains unclear.
Discuss: Should data-centre suppliers be scaling up quickly to meet demand, or should they wait for clearer evidence that the boom will last?
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