GE Vernova lifts 2026 outlook as AI boom fuels power equipment demand - Reuters

<a href="https://news.google.com/rss/articles/CBMisAFBVV95cUxNcENWa2tZOXJJcUtMYUtZS3lOYUVyQlp3STFjZnd6akRHQ2wxNktyQnNMalZZRUVYMTZJaExVekVRaTEtSlgxQnN4ZzUwY0NKOFRUZjE1MHJwcUlVdTkzak9qSEMyWTdTYkZJQkpfMTdKaWlWWERnaWRKM1B6OXBHODJkZ2hUV21TOV91U1lWdzJPenBySkhLWldVNW5NT21zZFJ5bHdSb3dTdDE3T09rMg?oc=5" target="_blank">GE Vernova lifts 2026 outlook as AI boom fuels power equipment demand</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

GE Vernova raised its annual revenue forecast, citing strong demand from data centers accelerating order growth across its power and electrification units.

GE Vernova raised its outlook for the year and logged higher profit and revenue in the first quarter, boosted by accelerating demand for its power and electrification solutions.

GE Vernova LLC is set to report first-quarter results, a closely watched report that will test whether the power equipment maker can translate surging artificial-intelligence infrastructure demand into sustained order growth and margin expansion.

GE Vernova raised its annual forecasts for revenue and adjusted core profit margin, betting on surging demand from data centers and grid infrastructure, sending its shares up over 13% to an all-time high in early trading.

GE Vernova reported a 71% year-over-year increase in orders to $18.3 billion and raised its full-year guidance across all key metrics, driven by accelerating demand for grid infrastructure, data center power solutions, and gas turbine equipment.