Swiss engineering firm ABB said demand for its products in the United States jumped sharply in the third quarter, fueled by a wave of new data centres being built to support artificial intelligence.
The maker of industrial robots, motors, and power equipment reported U.S. orders up 27%, citing strong investment in AI infrastructure rather than any impact from trade tariffs. CEO Morten Wierod said the “build-out of data centres” and wider industrial electrification are key growth drivers.
Data centre-related orders climbed by double digits, lifting ABB’s total revenue by 11% to $9.08 billion, above analyst estimates. Operating profit also beat expectations, rising 12% to $1.74 billion.
Earlier in the week, ABB unveiled a partnership with Nvidia to develop new technology for next-generation data centres, underlining its growing role in the AI hardware ecosystem.
CFO Timo Ihamuotila said the financial impact of U.S. tariffs was minimal and offset by “small price increases and efficiency improvements.” ABB, which already produces up to 80% of its U.S. products locally, aims to reach 90% domestic production through factory expansion.
