12-February-2026
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Siemens Energy Profit Soars on AI-Driven Power Demand, Shares Hit Record
11-Feb-2026

Siemens Energy's net profit nearly tripled in the first three months of its fiscal year, boosted by AI-driven demand for gas turbines and grid equipment and a narrower loss at its struggling wind turbine division. The company's results on Wednesday reflect the global build-out of data centres to power AI technology and efforts to improve the performance at wind turbine maker Siemens Gamesa.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-11/siemens-energy-net-profit-nearly-triples-as-demand-for-gas-turbines-grids-rises