Siemens raises 2026 profit outlook as AI data center demand surges
Siemens raised its 2026 profit forecast on Thursday after first-quarter earnings beat expectations. The company cited surging demand for AI data centers.
Insights:
Siemens raised its full-year profit outlook today, February 12, 2026, following a first-quarter performance that beat analyst forecasts. The company reported that the upgrade was driven by much stronger-than-expected demand for AI-driven data-centre infrastructure , which has provided significant revenue and profit momentum for the firm.
