ABB RAISES REVENUE OUTLOOK ON DATA CENTER DEMAND

The industrial technology company reported stronger-than-expected quarterly order intake, with data center infrastructure representing a significant portion of new business. Data center operators are rapidly expanding capacity to support artificial intelligence workloads and cloud computing services, creating sustained demand for ABB's electrical distribution and power management solutions. The order increase reflects broader market trends as tech companies scale facilities globally. ABB supplies critical infrastructure components that regulate and distribute power across data center operations. The raised outlook signals management confidence in maintaining momentum through the remainder of the year. ABB serves multiple industrial sectors, but the data center segment has emerged as a key growth driver in recent quarters. The company did not specify the exact revenue target increase or provide detailed breakdowns by segment in available statements.