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-0.000828870186176967 -0.0054195358326957 -0.00612088752869171 -0.00656720224432543 -0.000286916602907342 0.00130706452435611 0.0105840346850293 0.00918133129303748
Stock impact report

Schneider Electric seals $2.3 billion in US data centre deals to power AI boom [Yahoo! Finance Canada]

Digital Realty Trust, Inc. (DLR) 
Last digital realty trust, inc. earnings: 2/13 04:50 pm Check Earnings Report
US:NYSE Investor Relations: investor.digitalrealty.com
At an industry event in Las Vegas, the French industrial group ?announced a $1.9 billion partnership with privately held tech firm Switch, covering power modules and cooling systems. The second agreement, valued at $373 million and involving uninterruptible power supplies and switchgear, was signed with Texas-based Digital Realty. Schneider, France'?s biggest energy company by ?market value, has emerged as a key data centre supplier, making server racks, cooling and power equipment that form ?the backbone of AI infrastructure. It is also working with chipmaker Nvidia to design cooling systems for its most powerful AI chips. Large-scale cloud service providers, also known as hyperscalers, ?are racing to build AI infrastructure. Amazon, Meta, Google ?and Microsoft are projected to spend more than $360 billion in 2025, according to company filings. AI RAMPS UP PRESSURE ON US ENERGY GRID The deal with Switch is Schneider's largest cooling services agreement for data centres i Show less Read more
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