Key facts
- Schneider Electric SE plans to sell €800 million of debt.
- The company's stock has rallied due to its involvement in supporting data centers.
- The AI boom is a key driver of this growth.
Schneider Electric SE is preparing to issue €800 million ($930 million) in debt. This move follows a significant rally in the company's stock, attributed to its growing business supporting data centers. The expansion of AI technology and its associated infrastructure demands are a primary driver behind this increased activity and the company's positive market performance.