Keysight beats quarterly forecast estimates on strong demand from AI data centers

Electronic equipment maker Keysight Technologies forecast first-quarter revenue and profit ahead of Wall Street estimates on Monday, sending its shares up more than 13% in after-market trading.

Keysight, which provides electronic design, test and simulation software, has experienced growth driven by sustained demand for its products by data centers as they expand to support AI workloads.

Its products include oscilloscopes, protocol analyzers and digital multimeters, among other offerings.