Schneider Electric to invest over $700 million in US to power AI boom

Schneider Electric to invest $700M in US manufacturing

The company aims to expand and renovate facilities across eight sites as it sees skyrocketing data center demand.

The French Schneider Electric wants to invest more than 700 million dollars in the United States in artificial intelligence and energy. The group accounts for more than a third of its overseas turnover.

Schneider Electric pledges $700M investment in US operations

Through its investment, the company hopes to "strengthen energy security" to make way for future data center growth and AI-development. Read on to find where Schneider Electric is focusing its efforts.

France’s Schneider Electric announces $700 mn investment in US for AI and energy

French electrical equipment company Schneider Electric said on Wednesday it plans to invest "more than $700 million" in the United States by 2027 to boost energy security and the growth of artificial intelligence. The company, which generates more than a third of its revenue in the United States, intends to "support the country's focus on

France's Schneider Electric announces $700 mn investment in US for AI and energy

French electrical equipment company Schneider Electric said on Wednesday it plans to invest "more than $700 million" in the United States by 2027 to boost energy security and the growth of artificial intelligence.

The French company accounts for more than one third of its turnover across the Atlantic.