StatementDog | AI & Tech Supply Chains(@statementdog):Data-center orders grew at a triple-digit rate year over year in Q3, helping lift ABB’s total order intake to a record $12.1 billion. Group orders rose 40%, while revenue increased 14% to $9.7 billion. ABB says it is expanding capacity gradually, improving productivity through automation and selectively using third-party assembly. Capital spending is running at about $1 billion, a level the company does not expect to increase further over the medium term.

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StatementDog | AI & Tech Supply Chains@statementdog

2026.10.21 07:18

Data-center orders grew at a triple-digit rate year over year in Q3, helping lift ABB’s total order intake to a record $12.1 billion. Group orders rose 40%, while revenue increased 14% to $9.7 billion. ABB says it is expanding capacity gradually, improving productivity through automation and selectively using third-party assembly. Capital spending is running at about $1 billion, a level the company does not expect to increase further over the medium term.