Caterpillar, Cummins, Quanta Services poised to gain from 2027 data-center growth: UBS

What happened: UBS said in an Oct. 16 research report that demand for artificial intelligence infrastructure is expected to accelerate in 2027, creating opportunities for industrial equipment manufacturers and engineering companies as data center developers expand capacity despite supply chain constraints. Key numbers: Oct. 16 research report; 2027 demand acceleration. Why it matters: UBS analyst Steven Fisher named Caterpillar, Cummins and Quanta Services as poised to gain from the data-center growth.

UBS said in an Oct. 16 research report that demand for artificial intelligence infrastructure is expected to accelerate in 2027, creating opportunities for industrial equipment manufacturers and engineering companies as data center developers expand capacity despite supply chain constraints.

UBS analyst Steven Fisher named Caterpillar, Cummins and Quanta Services as poised to gain from the data-center growth.