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Generac Holdings Surges 16% on $2.4B Amazon Data Center Generator Deal; Caterpillar Ticks Up, Cummins Sits Out the Rally
Source: 247wallst.com
Artificial IntelligenceInfrastructure & DefenseCompany Fundamentals
Generac shares rose 16% to $203.76 in Thursday morning trading after the backup-power equipment maker announced a long-term agreement to supply generators for hyperscale data centers. The deal strengthens Generac's exposure to expanding data-center power demand, including infrastructure supporting AI workloads.
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