Hitachi to invest $1 billion to produce power grid components in US
Mădălin Mihai
NEW YORK :Hitachi plans to invest $1 billion to expand its U.S. power grid infrastructure manufacturing, its energy unit said on Thursday, as the country faces record electricity demand from Big Tech's build-out of AI data centers. Hitachi's announcement follows a push by the administration of U.S. President Donald Trump to dramatically increase electricity supply for the rapid expansion of artificial intelligence, which is being developed in energy-intensive data centers around the globe. "If
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