Eaton’s Quiet AI Power Surge | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now! · Jul 7, 2026 · 1m

Eaton, the century-old power management giant, is quietly dominating the stock market with a 198% total return over five years—nearly double the Nasdaq-100. Fueling its surge? Explosive AI-driven demand for data center power components, up 240% YoY, prompting 12 new factories and a strategic acquisition in liquid cooling tech. Born in 1911 making truck axles, Eaton now employs 85,000+ and leads in circuit breakers, aerospace, and vehicle tech. Q1 2026 smashed records with $7.5B in sales (+17%) and record EPS, plus a 6% dividend hike—proving that essential infrastructure companies can thrive…