The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and upgrade their decades-old grid networks, creating significant opportunities for Chinese power equipment companies, according to analysts.
Chinese firms have been benefiting from the spillover of a US order boom, which was driven by US President Donald Trump’s push for tech leaders like Meta and SoftBank to invest in AI infrastructure.
“The US buys products from Japan and…
Source link
China’s power equipment firms ride AI boom amid demand from US, emerging markets
