SIEGY - German Automation Giant Siemens Invests More In US Creates New Jobs: A Boon For Data Centers? | Benzinga
Automation major Siemens AG (OTC: SIEGY) has planned an investment of more than $500 million in the U.S. manufacturing space.
The company will invest $150 million in a new high-tech manufacturing plant in Dallas-Fort Worth, Texas, to help power American data centers and critical infrastructure.
The plant will produce electrical equipment to enable U.S. data center growth, which is being driven by the adoption of generative AI.
The ...