GE Vernova's Electrification segment, which sells the transformers and switchgear data centres need to connect to the grid, booked over $5 billion in data-centre equipment orders in the first half of 2026 alone -- more than its entire 2025 total
GE Vernova's Electrification segment reported over $5 billion in data center equipment orders in the first half of 2026. This figure, announced in their second quarter 2026 financial results, represents orders received year-to-date and is more than double the total orders for data center equipment in 2025. The Electrification segment provides transformers and switchgear for data centers to connect to the grid.
Verified 2026-09-23
Track with InsiderWhy it matters
Data centres need transformers and switchgear to connect to the grid, and orders are arriving faster than before.
- Price
- $826.83
- 30D
- -17.41%
- AI share of revenue
- Not disclosed
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