AI Boom adds 150 billion euros to the value of four of the oldest industrial groups in Europe

Four of the oldest industrial groups in Europe added more than 150 billion euros to market hats against the background of the demand for databases led by the mutation in artificial intelligence.

The makers of everything from everything from the keys to smart meters provide servers and infrastructure that energy data centers for large language and cloud computing models, with traditional electrical equipment makers such as doubling their revenues thanks to data centers in recent years.

“We do not put $ 70 or $ 80 billion on the table like Microsoft and Meta,” said Frank Limri, Liegrand’s financial manager. (But) we (offer) the components and our actions grow in relation to that (spending).

“The exciting part of artificial intelligence is led by American companies,” said Alex Cordoville, an analyst at Deloro. “However, with some exceptions, European players dominate nuts and bolts of infrastructure.”

Investors have monitored the capabilities. Since the launch of ChatGPT in November 2022, market evaluation of the Schneider Electric, Siemens AG, ABB and Legrand-four leading European groups in the sector-at 151 billion euros, increased, as more than 60 percent rose in German Siemens AG.

The groups continue to provide electricity for residential buildings and industrial groups. But data centers are the fastest growth source of revenue, driven by the size of computing energy required by artificial intelligence models, as well as games, cloud computing and flow.

This focus has also revealed the volatility of large stock prices, including during the market period earlier this year, which resulted in the launch of the deep Chinese language model, whose manufacturers say was developed with a lower treatment force. Investors are also concerned about the restrictions imposed on networks and power supply, according to Cordovil.

But groups, including Legrand, have sparked concerns, noting the long-term trend of high demand for data processing-Del’oro expects total capital expenses to data centers from about $ 600 billion in 2025 to more than one dollar by 2028.

“All disturbances are relative. We are very confident of the promise of our wallet,” Limri added. “We have to live with this rise and landing.”

Schneider Electricity

The Schneider Electric has been a leading provider in the data center sector since the acquisition of $ 6.1 billion to convert US energy in 2006, putting it in the pole position to take advantage of the high demand for electricity.

Data centers accounted for about 24 percent of their orders in 2024, an increase of 23 percent in 2023 and 19 % in 2022, according to the company.

The APC deal was at first The ruling is expensive By investors but enables the group to move to the market for critical energy services, which includes the generators needed to ensure energy supplies without interruption to data centers.

Schneider’s value is estimated at 127.9 billion euros, as the largest major in French oil exceeded last year in a sign of the world’s transformation from fossil fuels to electricity.

The company ranges from programs to monitor the infrastructure of the data center, and the shelves to storing servers and cooling systems to prevent high -energy processing facilities from high temperature. Last year, it acquired 75 percent controlling Devivair, a liquid cooling specialist, for $ 850 million.

This would help her in customer service such as NVIDIA, whose servers require the strongest artificial intelligence chips. The most efficient water cooling instead of air, CEO of Schneider Olivier Bloom said at the annual general meeting of the company.

He added that artificial intelligence has become “a fundamental change in the model of the required technology and electricity infrastructure.”

Legrand

Like Schneider and Siemes, the Societs and Cables Legrand maker returns to the nineteenth century. In the twentieth century, she began to make lighting keys of wood and wood, then known insulators for electric currents.

Its headquarters is still at its historical headquarters in Limoges, in recent years, was moved towards data centers, which constitute 20 percent of sales in 2024, twice the rate in 2019.

“By 2030, between 20 and 25 percent can be given a suitable goal. We are very confident that he is vertical.

The group performed 10 small acquisitions last year, six of which were in the field of data centers.

But Legrand, like its industrial competitors, runs an export form with a large number of American clients who left him vulnerable to Trump’s definitions. This month, CEO Benoa Quicoarte said that 50-60 percent of American definitions on Chinese goods may cost the company up to $ 200 million this year.

ABB

Swedish EBB Electric Company in Sweiss manufactures everything from robots to power generators, but in recent years, it has given its sales towards data centers.

Morten We Wood, CEO of the company, said that ABB was “working with many of the world’s largest data center operators to ensure that there are safe, reliable and energy -saving technologies to manage their increasing energy needs.”

In 2024, the Data Center orders accounted for 15 percent out of $ 16.4 billion at orders in the ABB electrical unit, compared to about 9 percent two years ago. Electrical represents nearly half of ABB revenues 33 billion dollars. Between 2019 and 2023, the data center orders have grown at an average annual rate of 24 percent, which accelerated more last year with the intensification of the artificial intelligence race.

ABB offers for data center operators include ensuring availability and increased energy efficiency in addition to behavior such as backup batteries for the entire facilities. The company says that its systems, which provide a more green reliable power than traditional diesel generators.

However, the company’s exposure to Easter led to the fluctuations in the stock market, including reports that Microsoft has canceled some leasing contracts. The United States is its largest market in terms of electrical revenue, about 50 percent.

Siemens Ag

The German company Siemes focuses on a smaller focus on databases, but it has increased spending on technology infrastructure as it seeks to catch competitors such as Schneider Electric.

“Siemens and ABB have focused on other regions, and now they bring her capabilities to endure them over the past three years,” said William Maki, an analyst at Kepler Cheuvreux.

The work of the company’s total data center, which nourished the growth of the last German manufacturer, increased by more than 45 percent to about 1.3 billion euros in the first half of the fiscal year.

But the Munich -based company has witnessed some obstacles for this growth, as it blamed the orders of the Data Center from the Easter customer to reduce 16 percent in requests for electrical products such as MicroGRID.