Caterpillar, Cummins expected to see $1.5 billion each in new revenue from selling backup generators to U.S. data centers
Stocks of both Caterpillar and Cummins have risen significantly due to the expansion of data centers across the U.S., as investors looking to profit from the AI wave are now buying shares in older manufacturing companies that supply the machinery needed to support the technology. Heavy machinery companies Caterpillar Inc. and Cummins Inc. are expected [...]