Story perspectives

AI Boosts Chinese Power Firms Amid U.S. Supply Shift

11/24/2025

45 10

Summary

Story summary

AI development is driving upgrades to electricity infrastructure, benefiting Chinese power equipment firms.
U.S. geopolitical tensions have shifted demand from China to Japan and South Korea, creating supplier backlogs.
In 2025, China exported $7.3 billion in transformers and $4.3 billion in high-voltage switchgears.
Citigroup analyst Pierre Lau predicts sustained growth for Chinese suppliers, while U.S. President Donald Trump remains in power, amid a 20% U.S. data-center power shortfall by 2028.

1 of 1

Story summary

AI development is driving upgrades to electricity infrastructure, benefiting Chinese power equipment firms.
U.S. geopolitical tensions have shifted demand from China to Japan and South Korea, creating supplier backlogs.
In 2025, China exported $7.3 billion in transformers and $4.3 billion in high-voltage switchgears.
Citigroup analyst Pierre Lau predicts sustained growth for Chinese suppliers, while U.S. President Donald Trump remains in power, amid a 20% U.S. data-center power shortfall by 2028.