Rolls-Royce Jumps 4% As Orders In Data Center Power Business Grew Over 50%
Earnings·1 article across 1 outlet
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Rolls-Royce shares increased by 4% following a significant boost from the defense sector and AI data center buildout. Orders in the company's data center power business grew more than 50% in the first half of the year.
The growth in orders reflects the company's strong positioning in the market, capitalizing on the ongoing demand for defense solutions and advancements in artificial intelligence infrastructure.
Rolls-Royce
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“Orders in the company's data center power business grew more than 50% in the first half of the year.”
CNBC — Rolls-Royce jumps 4% as it sees boost from both the defense boom and AI data center buildout