According to Bloomberg, Siemens Energy said on May 12 that strong demand from AI data centers and wider electrification has filled major parts of its order book through 2030. The company booked 179 turbine orders in the first half of its fiscal year and said the demand has prompted it to accelerate its 6 billion euro share buyback plan. The company may repurchase up to an additional 1 billion euros this fiscal year without raising the 6 billion euro cap set for fiscal 2028.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TSMC Approves Up to $20 Billion Additional Investment in Arizona Facility
TSMC approved up to $20 billion in additional investment for its Arizona manufacturing facility today, according to the company's official announcement.
GateNews2m ago
Grayscale Files to Convert Zcash Trust Into First Spot Privacy Coin ETF
Grayscale Investments submitted a filing to the U.S. Securities and Exchange Commission earlier in May to convert its existing Zcash Trust into a spot exchange-traded fund, which would create the first publicly traded spot ETF for a privacy coin if approved. The proposed fund would provide
GateNews24m ago
Taiwan's Industrial and Service Sector Wages Rise 4.4% in March, Driven by AI and Electronics Demand
According to Taipei Times, Taiwan's industrial and service sector wages rose 4.4% year-on-year in March to NT$57,509 (US$1,800), driven by strong demand for AI and electronics. Regular wages increased 2.6% to NT$48,768 (US$1,600), while median monthly pay rose 2.9% to NT$39,220
GateNews25m ago
Huya Reports 14.6% Revenue Growth in Q1 2026, Gaming Services Revenue Surges 69.4%
According to Huya's Q1 2026 earnings report disclosed on May 12, the livestreaming platform's revenue grew 14.6% year-over-year to 1.73 billion yuan, marking the fifth consecutive quarter of YoY growth. Gaming-related services, advertising, and other revenue surged 69.4% to 630 million yuan. Under n
GateNews33m ago
JPMorgan Chase Prime Brokerage Balances Hit Record High as Clients Increase Risk Exposure
According to JPMorgan Chase, prime brokerage balances have surged to record highs in recent weeks as clients seek to capitalize on market volatility. The bank's clients are broadly bullish and have unwound some hedging positions established during the early phases of the Iran conflict, shifting
GateNews49m ago
U.S. Tech Stocks Decline Pre-Market; Micron Falls Over 2%, Intel Drops Over 3%
U.S. tech stocks declined in pre-market trading on May 12. Micron Technology fell over 2%, while Intel dropped over 3%.
GateNews1h ago
