Schneider Electric seals $2.3 billion in US data centre deals to power AI boom
- Last Updated on November 20, 2025
Schneider Electric said on Wednesday that it had signed new deals worth almost $2.3 billion with two U.S. data centre operators, as surging adoption of artificial intelligence boosts infrastructure demand. 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
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