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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador8/23/2025 3:33:37 AM
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NVIDIA sells the picks Siemens Energy sells the shovels. In a Gold Rush the ones who sold essential tools like picks and shovels to these miners consistently made profits regardless of whether the miners found gold.

Siemens Energy says its sales are being driven by an urgent need for electricity to facilitate the global AI boom, as data centres require more power to accommodate emerging technologies
The German company, well-known for its sustainable energy strategies, says it has achieved a record order backlog of nearly €136 billion (US$157.93 billion) – crediting the significant demand for electricity driven by new data centres.

As a result, Siemens Energy predicts it will hit the upper end of its revenue target this year, as reported by The Financial Times, having raised its outlook for growth to between 13-15% in April 2025.

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