Advanced Energy Industries posts strong Q2 results and AI data center growth
Advanced Energy Industries is benefiting from strong spending cycles tied to AI data centers and advanced semiconductor manufacturing. The company projects adjusted earnings more than doubling between 2025 and 2027 and revenue rising about 70%, while expanding its AI data center computing unit 62% year over year in the first six months of 2026. It topped Q2 estimates by 25%, delivered robust guidance, and maintains a dividend supported by its balance sheet.