Thursday, 5 November, 2026
Powered by AI: Legrand Raises Sales Guidance as Data Center Demand Soars
By TechShots Studio
French electrical infrastructure giant Legrand raised its 2026 sales growth forecast for the second time this year, fueled by booming demand for data center power and cooling equipment. First-nine-month sales climbed 12.7% to €8.33 billion ($9.35 billion). Data center equipment—spurred by AI investments and US hyperscaler demand—now generates roughly a third of total group turnover after growing nearly 40%.
Read full story at REUTERS