Siemens AI boom supercharges orders as profits dip slightly in latest quarter

Data centre spending is driving the biggest order jump

Siemens says AI-linked demand is accelerating its business, with orders rising sharply as data centre investments surge worldwide. While quarterly profit edged down a little, the company’s infrastructure segment posted record growth, pointing to strong momentum. Siemens expects this AI-fueled buildout to stay robust for several years, reshaping its outlook.