AcquisitionsEaton announced it will acquire Boyd Corp.’s Thermal business, which manufacturers components for data centers, aerospace, and industrial markets.
Investor SentimentInvestor sentiment has improved following significant developments in the data center sector, including Oracle's cloud service signings and OpenAI's deal with AMD.
Market PositioningETN's electrical/power product portfolio, enhanced by its Fibrebond acquisition, is well positioned to benefit from AI-related capital expenditure.