Market value increased tenfold in two years! Gas turbines have become essential for data centers, Siemens Energy's Q1 net profit of 746 million euros exceeded expectations.
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Siemens Energy achieves a leap in performance driven by the wave of AI, with net profit in the first fiscal quarter nearly tripling year-on-year to 746 million euros. The German power equipment manufacturer is benefiting from the global boom in data center construction, as its gas turbines and grid equipment