Chinese Company Wins $132M US Data Center Contract HOT
Samsung Electric's Chinese subsidiary secures major US contract for data center transformers amid market volatility and stock fluctuations.
# Data Centers2
Chinese Transformer Maker Rides US Data Center Boom With $132 Million Order HOT
Sanxing Electric, a Ningbo-based power equipment maker, surged its 10 percent daily limit after its subsidiary won a $132 million contract to supply oil-immersed transformers for a US data center energy storage project. The deal shows how the global AI building boom is pulling Chinese manufacturers into America's power infrastructure chain.
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