Stocks in Action USA: Babcock & Wilcox, Fermi, Riot Platforms
Reading Time: 3 minutes
Babcock & Wilcox (BW): AI's Power Demand Leads to Major Contract – The Market for Power Supply to AI Data Centers is Booming! Babcock & Wilcox has taken another significant step in the booming market for power supply to AI data centers with a new order from Siemens Energy: As part of the FastPower program, the company is set to deliver 20 steam turbine generators, each with a capacity of 50 MW, totaling around 1 GW. At the same time, Babcock & Wilcox impressed with strong quarterly figures: Revenue surged by 130%, the company returned...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
