Lates News

In the early trading session on Tuesday, the Dow component Caterpillar Inc. (NYSE: CAT) rose 2.6%. According to a report from Bank of America, Caterpillar is seen as a potential beneficiary of the AI boom. Its wholly-owned subsidiary Solar Turbines, which produces industrial gas turbines, is considered an ideal power solution for AI data centers due to its advantages such as fast delivery and modularity in the face of limited grid capacity.