ABB CEO ‘very optimistic’ about continued strong demand from data centres

ZURICH: ABB CEO Morten Wierod said on Wednesday that he is “very bullish and very optimistic” about the market supplying components for data centres, with ‌no signs ⁠of ⁠a slowdown in demand.

“The whole data centre business around the world, both in Asia, Europe, but of course, especially in the U.S., it’s going at a ⁠high pace,” ‌he said after ABB reported its first-quarter earnings.

“When you’re ⁠looking into the 2030 time horizon, we continue to see a very strong market demand. So I don’t see any kind of slowdown or any changes,” he added.