Schneider Electric to invest over $700 million to boost U.S. AI growth
Investing.com -- Schneider Electric, a global leader in energy management and automation, unveiled plans on Tuesday to invest more than $700 million in its U.S. operations by 2027. This commitment represents the company's largest single capital expenditure in the U.S. in over 135 years and aims to support the nation's focus on enhancing energy infrastructure to accommodate AI growth, domestic manufacturing, and energy security. The investment is set to create over 1,000 new jobs and will contribute to Schneider Electric's (EPA:SCHN) role in shaping an energy-efficient future in the U.S.