Siemens (SIEG) raised its full-year profit outlook on Thursday after first-quarter profit exceeded expectations, boosted by surging demand for AI-driven data-centre infrastructure and sending shares up over 6% in early trading.
Siemens (SIEG) raised its full-year profit outlook on Thursday after first-quarter profit exceeded expectations, boosted by surging demand for AI-driven data-centre infrastructure and sending shares up over 6% in early trading.
Growth in Varian and the company’s imaging and advanced-therapies segments helped drive revenue
German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook.
Shares in German technology giant Siemens fell by over 5% on Thursday after the company posted a decline in earnings in the fiscal second quarter and said its automation division had slowed.