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ABB CEO bullish as AI’s data center boom fuels electrification demand
ABB sees rising AI data center demand powering its electrification business, partners with Nvidia.
ABB’s CEO Morten Wierod expressed strong confidence in demand growth from AI data centers, noting that data center electrification now contributes ~7% of the company’s orders (up from 6% prior). He highlighted increased double-digit order volumes in power solutions suited for cloud and AI infrastructures. ABB recently partnered with Nvidia to develop electrification systems compatible with next-gen compute hardware. Wierod said scaling capacity and construction timelines are key constraints amid this surge.