Siemens Energy AG is trading 4.5% up at $153.58 as investors react to booming gas turbine demand driven by AI data center expansion and European electrification.
- Record order volumes and non-refundable down payments for production slots are tightening capacity and significantly improving the company's pricing power.
- The move extends a weekly rebound as markets focus on raised growth expectations in the gas services business, helping to offset ongoing execution risks within the wind-power division.