Schneider Electric's $2.3B AI Data Center Deals
Update: 2025-11-19
Description
Schneider Electric, a French industrial giant, secures two massive deals with US data center operators, totaling nearly $2.3 billion. These partnerships focus on providing power modules, advanced cooling systems, and uninterruptible power supplies. The company is becoming a key player in supplying essential components for AIs infrastructure, with a collaboration with Nvidia to design specialized cooling systems. These deals are crucial as the demand for AI infrastructure puts immense pressure on existing energy grids. Analysts predict that global power demand from data centers could nearly triple in the next three years, with the data center business already accounting for almost a quarter of Schneider Electrics total revenue. The company is expected to unveil new targets related to AI development during its upcoming capital markets day in London this December.
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