American Superconductor, AMSC, Daniel McGahn, Power Grid, Grid Modernization, Data Centers, AI Infrastructure, Electricity Demand, Semiconductor Fabs, Gas Pipelines, Backlog, Federal Reserve, Interest Rates, Manufacturing, Brooke DiPalma, Market Catalysts, Yahoo FinanceAmerican Superconductor sells the equipment that connects factories and fabs to the electrical grid, and its chief executive says the AI build-out is not what is driving the business. Daniel McGahn tells Brooke DiPalma that data centers are "a very, very small fraction" of AMSC, that roughly 20 to 30% of it is traditional energy like gas pipelines, and that the company is carrying 12 months of backlog worth more than its entire prior year. On a Fed hike, he says most of the work is already funded.
Featuring:
Brooke DiPalma, Host, Market Catalysts, Yahoo Finance
Daniel McGahn, President, Chairman and Chief Executive Officer, American Superconductor
Timestamps
0:00 How big is the power demand right now?
0:39 Grid modernization, and what the timeline looks like
1:35 What AI leaders calling for a slowdown means for AMSC
2:34 The biggest risk ahead
2:59 What a Fed hike does to a funded order book
3:40 Will a data center raise your power bill?
4:29 The five-year goal
#AMSC #AI #DataCenters #PowerGrid #Semiconductors #YahooFinance
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