Tag: quarterly orders
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ABB posts record quarterly orders helped by data centre boom
ZURICH, Oct 20 : ABB said on Tuesday a boom in spending on data centres used to power artificial intelligence helped push its quarterly orders to a record, as the Swiss engineering group announced a $495 million investment to expand in Asia.Orders surged 40 per cent to $12 billion in the three months ended S
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Besi posts sharp rise in quarterly orders
July 23 : BE Semiconductor Industries (Besi) on Thursday reported a 128.8 per cent rise in its quarterly orders, driven by demand for AI, hybrid bonding, photonics and data centre applications.Investors are betting on rising demand for Besi’s hybrid bonding solutions, a chip-packaging technology that enables
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