WSJ Tech News Briefing · Tuesday, June 30, 2026
Siemens Energy's shares increased by over 5% following strong demand for its grid technologies, particularly from AI data centers. The company reported a record order backlog in May and raised its full-year guidance, with its grid technologies division showing significant growth and profitability.
“And shares in Siemens Energy rose over 5% as management cited strong demand fueled by electrification and AI data centers.”
“It said its grid technologies division is seeing higher growth and profitability.”
“The unit continues to benefit from data center demand, with around $2.28 billion of related orders booked in the first half of the year.”