Hochtief: The beneficiary of the construction of AI data centers and the interest rate turnaround. The setback is an opportunity!
Reading Time: 4 minutes
The setback due to the legal dispute is exaggerated. Hochtief puts the effect at € -5.8 million and sees no impact on earnings. The AI boom is reaching Hochtief. Many data centers are being built to create the necessary computing capacity. Meta is having a mega data center built by Hochtief for $800 million. The turnaround in interest rates will bring more construction projects on stream. Incoming orders should remain positive. Several large orders were received from the USA in January. Hochtief (607000) offers a share price opportunity...
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