Schneider Electric to invest over $700 million to boost U.S. AI growth [Yahoo! Finance]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
NASDAQ:AMEX Investor Relations:
schneider-electric.com/en/about-us/investor-relations
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Source: Yahoo! Finance
This commitment represents the company's largest single capital expenditure in the U.S. in over 135 years and aims to support the nation's focus on enhancing energy infrastructure to accommodate AI growth, domestic manufacturing, and energy security. The investment is set to create over 1,000 new jobs and will contribute to Schneider Electric's (EPA:SCHN) role in shaping an energy-efficient future in the U.S. The planned investment will exceed $1 billion so far this decade, including previous investments made in 2023 and 2024 to strengthen Schneider Electric's North American supply chain. The expansion will address robust customer demand for solutions that enhance energy efficiency, scale industrial automation, and ensure a more reliable g
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