AI data-center gas-turbine capacity squeeze

Description AI data-center and electrification demand is tightening power-generation and grid-equipment capacity as suppliers add output and report long backlogs. Overview GE Vernova previously reported stronger turbine demand, paid slot reservations and higher full-year guidance. Vertiv and Caterpillar also pointed to durable AI and electrification demand, with Caterpillar saying generator orders extend into 2030. Mitsubishi Heavy is increasing U.S. gas-turbine output to meet rising power needs from generative-AI data centers. Why it matters Lead times and supplier capacity affect data-center developers, utilities, equipment makers, investors and customers planning projects around scarce hardware. Key details • GE Vernova reported third-quarter revenue of $12.6 billion. • GE Vernova raised full-year revenue guidance to $46.5 billion to $47.5 billion. • GE Vernova agreed to buy Trench Group for $9 billion. • Vertiv reported third-quarter revenue of $4.3 billion. • Mitsubishi Heavy is expanding U.S. gas-turbine output.