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Bank of America: Data center demand remains underestimated.

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Golden Finance reported that on June 30, analysts at Bank of America said in a research report that the outlook for the capital goods sector looks increasingly optimistic, and among major industrial companies, demand from data centers remains underestimated. These companies include Schneider Electric, ABB, Siemens, and Siemens Energy. Analysts stated that in the coming years, structural growth in AI-related infrastructure will significantly expand the size of the potential market. Stronger investment in power generation is a leading indicator for future orders of electrical equipment, which should support continued growth in the grid and electrification businesses. The most attractive opportunities are expected to come from high-value areas such as power conversion, grid equipment, and cooling systems.
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