Schneider Electric S.E.

Tianjin Printronics released its 2026 half-year report. First-half net profit attributable to the parent was 44.36 million yuan, up 560.1% year on year. Operating revenue was 944 million yuan, up 43.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 41.4 million yuan, up 483.4% year on year. Net operating cash flow was 47.96 million yuan, up 54.9% year on year. Earnings per share were 0.18 yuan. In the second quarter, operating revenue was 520 million yuan, up 44.4% year on year, and net profit attributable to the parent was 32.77 million yuan, up 427.4% year on year. As of the end of the second quarter, total assets were 2.608 billion yuan, up 14.9% from the end of the previous year, and net assets attributable to the parent were 567 million yuan, up 13.4% from the end of the previous year. The company said demand in the AI power supply sector remains strong, with order volumes from major customer Schneider Electric increasing, and it has newly expanded to high-quality customers such as ABB. In the aerospace sector, it is actively expanding high-margin business, and as domestic large aircraft production ramps up, profitability is expected to improve further. Production capacity at the South China base is being released steadily, and capacity utilization at the Zhuhai base is expected to rise. The company is using economies of scale and refined management to offset pressure from rising raw material prices. Management expects that in the second half of the year, AI computing infrastructure construction will continue to drive high growth in the PCB industry, and remains optimistic about the operating outlook.

Krung Thai Asset Management Public Company Limited, or KTAM, is offering the KTAM Smart Grid Equity Fund, or KT-GRID, for sale from 13 to 19 August 2026 to invest in smart grid businesses supported by the growth of AI and data centres worldwide. Ms Chawinda Hanrattanakul, Managing Director of KTAM, said that traditional power transmission systems can no longer support the sharp rise in electricity demand. In the United States, AI-era data centres account for as much as 50% of electricity demand growth. The KT-GRID fund has a risk level of 6 and focuses on investing in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, the master fund that invests in companies involved in smart grid systems and electricity infrastructure. The master fund selects securities with at least 80% of revenue directly from smart grid businesses and another 20% from diversified businesses within the index weight. Examples of securities held by the master fund include Eaton Corporation, Schneider Electric and ABB. KTAM expects global investment in power grids to grow by an average of 5% per year through 2035.

Bernstein analysts project U.S. annual data center construction could rise from 12 gigawatts in 2026 to 35 GW by 2030, but shortages of specialised mechanical, electrical and plumbing workers will set the industry's speed limit. The projection assumes recruitment across the three trades remains near peak rates recorded during the past three years, allowing annual construction to increase by about 6 GW each year, or roughly 30% compound annual growth. The estimated 35 GW ceiling would support market consensus of 25 GW to 35 GW in annual capacity additions by 2030, yet fall short of the 40 GW Bernstein estimates is needed to justify planned manufacturing capacity for mid-scale power generators. This creates a potential overbuild risk for power-equipment suppliers, with Caterpillar and Cummins identified as the most exposed. Bernstein said modular construction could help the industry move past this labour ceiling by transferring more work from building sites to factories, potentially benefiting vertically integrated manufacturers and contractors such as Eaton, Schneider Electric, Vertiv, Quanta Services, Comfort Systems USA and EMCOR.

Schneider Electric has launched the three-phase Square D DBSeT load center to raise safety standards for residential electrical systems and address the risk of short circuits, which are the leading cause of fires in Bangkok. Data from the Department of Disaster Prevention and Mitigation indicates that more than 47 percent, or 823 incidents, of fires stem from faulty or substandard electrical equipment and systems. The new product features Qwik-Plug technology, which reduces electricians' working time by up to 30 percent, and supports plug-on RCBO residual current circuit breakers up to 50 amps. It is certified to international standards IEC 61439-2 and IEC 61439-3, with six key functions such as Quick Release Hinge, Captive Function, Smart Knock-out, Cable Tie Hook, Lockable Door Handle, and Pole Filler. It also offers an Extension Box supporting DIN systems up to 24 modules and current up to 100 amps, accommodating future electrical expansion such as electric vehicle chargers and rooftop solar panels.

SpaceX has released its first public financial report and officially announced a partnership with Nvidia to launch the orbital AI computing network Starmind, aiming to build a space-based AI brain using a satellite matrix. Schneider Electric has unveiled an 800-volt DC power infrastructure solution for AI data centers and is collaborating with Nvidia to develop AI rack power supply systems of up to 1.2 megawatts. Suzhou Convert Semiconductor plans to acquire 100 percent of Jingyi Semiconductor for 1.65 billion yuan, while Ka Wang Technology is buying 51 percent stakes in both Dongguan Qinding and Xingding to expand into liquid cooling for AI computing. The Ministry of Commerce has announced tighter export controls on dual-use items related to drones to the United States, and the National Energy Administration is promoting the large-scale development and utilization of distributed renewable energy in rural areas. On August 5, net capital inflows from major funds in the Shanghai and Shenzhen markets totaled 50.47 billion yuan, with the semiconductor sector leading at 12.964 billion yuan.

Schneider Electric and AMD have introduced their first reference architecture on the AMD Helios Rackscale Solution platform to speed up the deployment of high-density data centers for AI factories. The architecture supports AI racks with power consumption up to 246 kilowatts per rack and modular AI clusters up to 10.4 megawatts, integrating AMD Instinct MI455X GPUs, sixth-generation AMD EPYC processors, AMD Pensando Vulcano NICs, and ROCm software with Schneider Electric's power, cooling, and digital infrastructure. It covers all key elements including building power systems, cooling, IT space, and lifecycle management software. The architecture has been validated using ETAP simulation tools and EcoStruxure IT Design CFD, achieving a minimum PUE of approximately 1.12, and is certified to ANSI standards for deployment in the United States, with plans to expand support for global IEC standards in the future.

Schneider Electric reported half-year 2026 sales of €21,226 million and net income of €2,488 million, alongside AI data center collaborations with AMD and a potential acquisition of Shelly Group. The company's share price has returned 1.76% in a single day and 22.17% year to date, with a one-year total shareholder return of 37.51% and a five-year return of 115.55%. A popular narrative suggests the stock is 23.7% undervalued with a fair value of €379.32 per share compared to a recent close of €289.60, driven by data center demand and digital energy management. However, a discounted cash flow model points to a fair value of €242.75 per share, indicating potential overvaluation at current levels.

Equity investors are learning that not all artificial intelligence trades are created equal this earnings season. While S&P 500 firms are on track for a 29% surge in second-quarter earnings per share, the index has been flat since mid-July as traders penalized heavy AI spenders like Meta Platforms Inc. and Alphabet Inc., while rewarding Microsoft Corp. for preserving cash reserves. European stocks have fared better, with the Stoxx 600 advancing 1.3% as its members posted a 19% profit surge, benefiting from lower tech concentration. The semiconductor supply chain also saw gains, with Lam Research Corp., Schneider Electric SE and Prysmian SpA among outperformers on robust AI-enabling demand. Profit expectations continue to rise on both sides of the Atlantic, with US earnings revisions seeing net upgrades for 15 straight weeks, the longest streak since 2022.

European stocks closed higher on Thursday, with the Stoxx 600 index rising 0.77% to 649.95 points, supported by strong earnings from companies across multiple sectors. The banking sector led gains, climbing 2.6%, driven by Spain's BBVA which surged around 5% after reporting a more than 11% year-on-year increase in second-quarter net profit. Construction and materials stocks added 2.2%, with Bouygues jumping 7.1% after first-half operating profit beat expectations. Industrial stocks rose 1.8%, buoyed by Schneider Electric which soared 10% after raising its full-year outlook. France's CAC-40 closed at 8,485.64 points, up 0.92%, Germany's DAX ended at 25,612.03 points, up 0.60%, while London's FTSE 100 slipped 0.10% to 10,897.27 points. However, gains were capped by declines in Airbus and Rentokil, as well as uncertainty over the US interest rate path after the Federal Reserve held rates steady amid differing views within the committee.

European shares traded in a narrow range on Thursday as a wave of solid corporate earnings led by Shell helped offset an ambiguous Federal Reserve rate outlook and fresh U.S. airstrikes in Iran. The pan-European STOXX 600 index hovered near the flatline, with Germany's DAX slipping 0.2% and France's CAC 40 gaining 0.6%. Energy heavyweight Shell more than doubled its second-quarter adjusted profit to $9.8 billion, comfortably beating market expectations. The Federal Reserve left interest rates unchanged but delivered a murky monetary policy outlook, while the U.S. carried out new military strikes inside Iran, escalating the five-month-old conflict. Among other movers, Societe Generale rose 2% after a record quarterly profit, BBVA gained 2.6%, and Schneider Electric jumped 7.3% after raising its full-year guidance.

Schneider Electric reported first half net income attributable to the group of 2.49 billion euros, up 30.1% from the prior-year period. Adjusted EBITA reached 4.09 billion euros, a 16.6% reported increase and 22.1% organic growth. Revenues for the first half of 2026 totaled 21.23 billion euros, representing 9.8% reported growth and 14.0% organic growth. The company upgraded its 2026 financial target, now projecting adjusted EBITA organic growth between 14% and 19% and revenue organic growth of 10% to 13%.

GMO portfolio manager Tom Hancock said Nvidia is the biggest equity market opportunity right now, calling the stock surprisingly neglected despite its dominance in AI semiconductors. In a CNBC interview, Hancock noted that retail hot money has moved to other trades, leaving Nvidia trading at less than 20 times forward earnings, which he views as attractive given the company remains the de facto industry standard. GMO recently purchased Nvidia after historically favoring other parts of the AI ecosystem, and Hancock also highlighted industrial companies benefiting from AI data center buildouts, including new holdings Schneider Electric and Trane. He explained that GMO is deliberately avoiding popular memory semiconductor stocks, citing unsustainable profitability driven by temporary pricing power in HBM memory chips, and instead is positioning for an eventual capacity buildout through semiconductor equipment companies.

Cadence has introduced the AuraStack AI Super Agent, the world's first agentic AI platform for printed circuit board and advanced packaging design. Running on Cadence Allegro AI Studio and accelerated by NVIDIA Blackwell and NVIDIA CUDA-X, the platform coordinates domain-specific AI agents across planning, implementation, and multiphysics analysis to deliver up to 2X faster time to market, 15X higher productivity, and multiphysics-driven quality. The AuraStack AI Super Agent unifies electrical, thermal, and mechanical analysis in a closed-loop environment, enabling real-time design convergence and reducing late-stage rework. Cadence is collaborating with NVIDIA, TSMC, Socionext, FORVIA HELLA, and Schneider Electric to deploy the technology, with availability planned for 2026.

The global data center DCIM services market is projected to grow from $3.78 billion in 2025 to $8.38 billion by 2030, driven by cloud computing adoption and demand for operational efficiency. The market is expected to reach $4.44 billion in 2026, reflecting a compound annual growth rate of 17.4%, before expanding at a 17.2% CAGR through 2030. Key factors include rising investments in hyperscale data centers, hybrid infrastructure management, and real-time analytics, with trends such as AI-enabled platforms and digital twins shaping the landscape. North America led the market in 2025, while Asia-Pacific is poised to be the fastest-growing region. Major players include Huawei Technologies, Dell Technologies, Siemens, and Schneider Electric.

The global data center direct-to-chip cooling market is projected to grow from $3.33 billion in 2026 to $17.31 billion by 2032, a compound annual growth rate of 26.5%. Single-phase systems are expected to dominate by type due to their reliability and compatibility with existing infrastructure. Water-glycol-based coolants are forecast to hold the largest share by coolant type, driven by cost-effectiveness and industry acceptance. Hyperscale data centers are anticipated to lead end-user demand, fueled by investments from major cloud and tech companies in AI and machine learning workloads. Key players include Vertiv Group Corp., Super Micro Computer, Inc., Modine Manufacturing Company, DCX Liquid Cooling Systems, and Schneider Electric.

Kandi Technologies announced that its subsidiary Xinchu New Energy has been named an authorized distributor by Schneider Electric for fiscal year 2026. The authorization allows Xinchu to distribute and support Schneider Electric’s APC, MGE, and Schneider-branded portfolio, including uninterruptible power supply systems, cooling infrastructure, racks, cabinets, software, and related technical services. This strengthens Xinchu’s ability to deliver integrated power infrastructure solutions for data centers, telecommunications base stations, and energy storage systems. Kandi believes the authorization marks an important milestone in expanding its upstream hardware capabilities and supply chain foundation for the AI data center backup power and energy storage market. By combining Schneider Electric’s proven UPS and data center infrastructure portfolio with Xinchu’s proprietary energy storage batteries and Battery Management System technologies, Xinchu can offer integrated, one-stop power solutions for both backup power and energy storage applications.

Schneider Electric has agreed to acquire Cognite in a $3.1 billion all-cash deal, expanding its position in industrial data and AI software. The company will buy 100% of Cognite's share capital from Norway's Aker ASA and other investors. Schneider CEO Olivier Blum said the company plans to combine Cognite with Aveva, its existing industrial software business. Aker expects about $1.48 billion in cash proceeds from the transaction, including settlement of an outstanding convertible loan, with completion expected in coming quarters.

Southern California Edison is collaborating with Schneider Electric to deploy SF₆-free, gas-insulated switchgear at existing substations in California. The technology uses pure air and vacuum instead of sulfur hexafluoride, a potent greenhouse gas, and is expected to help double capacity within the existing substation footprint. The first two projects will take place at the Great Lakes substation in northern Los Angeles County and the Running Springs substation in the San Bernardino Mountains, with installation scheduled to begin in 2027. The compact, modular design allows for faster installation and modernization without full rebuilds, supporting SCE's efforts to connect new customers more quickly and maintain reliable, affordable service as electricity demand grows.

Schneider Electric has expanded its EcoCare next-generation service plan to include 3-Phase UPS equipment, combining 24/7 remote monitoring, AI-powered condition-based maintenance, and expert support. The company says the service can reduce electrical failure risk by up to 70%, cut intrusive on-site interventions by up to 50%, and deliver up to 20% operational expenditure savings compared with traditional calendar-based maintenance. EcoCare continuously captures and analyzes critical data such as temperature, wear, aging, partial discharge, and battery status, with Schneider Electric experts monitoring UPS assets at the component level around the clock. The AI models are trained on the world's largest installed base of electrical assets and refined by over 300 data scientists, supported by more than 6,000 Schneider Electric experts. The expansion builds on the recent launch of EcoCare for building management systems and joins a growing portfolio that spans electrical distribution, single- and three-phase UPS, modular data centers, and building management systems.

French stocks advanced on Tuesday, with the CAC 40 index rising 41.94 points or 0.5% to 8,409.27 by late morning. The gains were supported by lower oil prices, a slowdown in French inflation to 1.8% in June from 2.4% in May, and expectations that the European Central Bank will hold off on rate hikes. ECB Chief Economist Philip Lane noted at the Sintra Forum that second-round effects from higher energy prices may take time to materialize and that policymakers are not committing to a specific rate path. Among individual stocks, Schneider Electric led the advance with a 2.9% gain, while Kering fell 4.5%.

Schneider Electric has been named the World's Most Sustainable Company 2026 by TIME Magazine and Statista for the third consecutive year. The ranking evaluated 5,000 of the world's largest and most influential companies. The recognition follows the launch of Schneider Electric's new sustainability roadmap, Impact 2030, which tracks quarterly performance across four pillars: electrifying the world, reinventing the industry, unlocking human potential, and empowering local communities. In the first quarter, the company reduced its Scopes 1 and 2 CO₂ emissions by 82.5 per cent compared with a 2017 baseline, saved or electrified 47.5 million MWh for customers, and saved and avoided 20 million tonnes of CO₂ emissions. More than 1,100 suppliers were engaged in the Zero Carbon Pathway initiative, over 2.8 million people benefited from sustainable electricity through community-focused solutions, and 113,000 people were upskilled in energy-related technical fields, bringing the cumulative total trained since 2009 to more than 1.2 million.

The AI boom is shifting investment focus from semiconductors to the power sector, as data centers require massive electricity. The power generation industry, valued at $1.3 trillion today, is expected to grow to $2.2 trillion by 2034, driven by hyperscalers like Microsoft, Amazon, Google, and Meta signing long-term power purchase agreements. Constellation Energy has a 20-year deal with Microsoft to restart a unit at Three Mile Island, investing $1.6 billion, and a separate 20-year pact with Meta for 1.21 gigawatts of nuclear power. Talen Energy partnered with Amazon for up to 1.9 gigawatts from its Susquehanna plant, located adjacent to Amazon's data center. Cameco Corp, a uranium supplier, stands to benefit from rising nuclear fuel demand. Quanta Services, a major transmission infrastructure contractor, is positioned to capture grid interconnection needs. Electrical equipment makers Eaton Corp, Schneider Electric, and GE Vernova supply critical hardware and systems for power generation and distribution. Risks include cyclical spending, potential overbuilding, and concentration on a few large tech customers.

Northumbria Healthcare NHS Foundation Trust has completed a £1 million infrastructure modernisation project with Schneider Electric to standardise its uninterruptible power supply systems across multiple hospital and community sites. Working with EcoXpert partner RMD and XMA, the Trust deployed Schneider Electric’s EcoStruxure platform and Smart-UPS solutions, achieving 100% uptime and full visibility of its UPS estate. The deployment includes EcoStruxure IT Expert for centralised monitoring across 175 nodes, enabling improved reporting, proactive maintenance, and energy and lifecycle benchmarking. The project also includes a five-year service and maintenance agreement, helping the Trust forecast and budget for future replacements and prepare for data centre consolidation. The Trust provides health and care services to more than 500,000 people across Northumberland and North Tyneside, covering around 2,500 square miles as the largest geographically in the UK.

Natixis, acting as Stabilisation Coordinator, has announced a pre-stabilisation period for a forthcoming EUR benchmark floating-rate note from Schneider Electric SE, maturing 1 July 2028. The initial price talk is 3-month Euribor plus 55 to 60 basis points. Stabilisation managers include Crédit Agricole CIB, Deutsche Bank, J.P. Morgan (B&D), HSBC, MUFG, and Natixis, with the stabilisation period expected to start on 25 June 2026 and end no later than 30 days after the issue date. The managers may over-allot or conduct transactions to support the market price, though stabilisation is not guaranteed and may cease at any time.

Schneider Electric has launched a new Industrial Automation Modernization as a Service offering built on HPE infrastructure. The service combines Schneider Electric's EcoStruxure Automation Expert with HPE SimpliVity hybrid cloud to enable incremental modernization alongside existing PLC and DCS systems, shifting industrial automation from capital expenditure to operational expenditure. It provides a flexible, software-defined automation foundation that can cut commissioning time by up to 60% and get to market 50% faster, while AI-driven optimization has demonstrated up to 40% energy reduction in intensive operations. The offering is being showcased at Automate 2026 in Chicago and follows a public demonstration at HPE Discover 2026.

A new report from ResearchAndMarkets.com forecasts the global inverter market will more than double by 2030, driven by surging renewable energy and electric vehicle infrastructure investment. The study segments the market by type, including solar inverters such as central, string, microinverters, and hybrid, as well as vehicle inverters for BEV, HEV, and PHEV variants, and finds the 100-300V output voltage segment will lead due to residential and small commercial use, while the utility end-user segment will grow fastest. North America is estimated to hold the second-largest regional share, supported by US and Canadian grid modernization and clean energy incentives. Profiled companies include Huawei Technologies, Sungrow, SMA Solar Technology, Enphase Energy, and Schneider Electric.

Schneider Electric is headlining Automate 2026 in Chicago, demonstrating how open software-defined automation, industrial AI, and electrification converge to help manufacturers adapt to rising energy demand and advanced manufacturing. The company, which recently became the first to earn NEMA Make it American certification across more than 20 U.S. facilities, is showcasing hardware-agnostic solutions at its booth alongside an ecosystem of collaborators including AVEVA, AWS, Barbara, ETAP, HPE, Intel, and Microsoft. A main-stage keynote on June 22 features Andre Marino, SVP Industrial Automation for North America, joining CEOs from FANUC America, Cognex, and Intrinsic to discuss simplifying industrial complexity. The event also marks the launch of the Schmoooth Automators Challenge – US Edition 2026, where system integrators and students compete using EcoStruxure Automation Expert and IEC 61499.

The global switchgear market is projected to reach USD 196.71 billion by 2035, expanding at a compound annual growth rate of 6.00 percent from a 2025 valuation of USD 109.84 billion, according to SNS Insider. Medium voltage switchgear held a 46 percent revenue share in 2025, while gas insulated switchgear accounted for 51 percent of the market. North America led with a 34.2 percent share, and the Asia Pacific region is expected to be the fastest growing at a 7.2 percent CAGR through 2035. Key players include Schneider Electric, Eaton Corporation, Siemens AG, and Mitsubishi Electric.

The global smart electric meter market is projected to grow from USD 27.24 billion in 2025 to USD 59.22 billion by 2035, expanding at a compound annual growth rate of 8.27 percent, according to a new report from SNS Insider. The Asia Pacific region led the market in 2025 with a 45.19 percent revenue share and is expected to remain the fastest-growing region at an 8.82 percent CAGR through 2035, driven by large-scale smart grid installations and urbanization. Single-phase smart meters dominated the phase-type segment with 68.29 percent of revenue in 2025, while smart electricity meters held the largest product-type share at 34.12 percent. RF Mesh communication technology captured a 31.44 percent share, and consumption monitoring was the leading application at 32.11 percent. Key players include Landis+Gyr, Itron Inc., Siemens AG, and Schneider Electric SE.

The Linux Foundation announced the formation of the Appia Foundation under the Joint Development Foundation to establish modular open source specifications and standardized conformity assessment frameworks across the global AI value chain. The Appia Foundation delivers an open connecting layer that provides testing criteria, evaluation guidelines, and component typologies to verify and audit safe, trusted AI models, systems, and applications. Initial members include Arm, Armilla AI, Ericsson, Google, Mastercard, Microsoft, Mitsubishi Electric, Naaia, Nemko, Omron, OpenAI, Schneider Electric, and Siemens. The specification architecture is designed for functional modularity and evidence pass-through, enabling seamless reuse of conformity evidence across the value chain while maintaining clear accountability boundaries. The foundation aims to help organizations reduce complexity, lower operational costs, and build trust as international standards and legal frameworks become more established.

Schneider Electric announced its agenda for VivaTech 2026, where executives will discuss energy intelligence solutions to keep pace with AI acceleration. The Bloomberg New Economy Energy Technology Coalition, backed by Schneider Electric's research, released a case study on Credit Human showing how the Texas-based credit union built a resilient, high-performance headquarters by rethinking energy demand. Frédéric Godemel, Executive Vice President of Energy Management, said misconceptions around cost and complexity are holding back progress on resilient AI-powered infrastructure, and that the technologies to build intelligent, efficient energy systems already exist. At the event, Schneider Electric leaders will participate in sessions including a panel on AI's energy implications with the International Energy Agency and Engie, and a discussion on innovation rules with Electrolux Group, EY, and SAP. The company also highlighted its recent role as a strategic technology partner in SoftBank's AI infrastructure investment in France and a collaboration with Foxconn to deliver integrated AI data center solutions.