AI boom fuels energy profits and metals surge - Feb 11, 2026

Prysmian Daily News Update · Feb 11, 2026 · 3m

As of February 11, today’s news features developments in the energy and metals markets, with a focus on the evolving demand driven by artificial intelligence and geopolitical dynamics surrounding critical minerals. Siemens Energy has experienced nearly a tripling of net profit in the first three months of its fiscal year, fueled by a surge in demand for gas turbines and grid infrastructure related to AI initiatives. As major tech firms planned to invest approximately 600 billion dollars in AI by 2026, Siemens Energy's market value soared to 137 billion euros, marking a 5.2% increase in share…