Advanced Energy Industries Touts Data Center Growth, Sees 2026 Semi Upswing at Needham Conference

Discussion centered on the company’s confidence in its longer-range view of data center growth. Kelley said the AI data center market differs from conventional data center demand because of the pace of change, with new GPUs and silicon driving higher power requirements annually. That pace, he said, requires Advanced Energy to deliver new products each year and engage early with customers.He added that Applied Materials and Lam Research are the company’s two largest customers on the semiconductor equipment s ...