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Schneider Electric Raises Outlook on Data-Center Demand

Wall Street Journal US Business •
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Schneider Electric has boosted its outlook again after surging data-center demand lifted sales to a record quarterly high. The company reported that demand for data centers more than doubled, helping drive revenue to what it called a record high for any quarter. Schneider Electric added it anticipates that demand to remain strong in the fourth quarter.

Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing