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Story summary
- Siemens Energy posted 746 million euros in net profit for the first quarter, nearly tripled.
- The rise was driven by demand for gas turbines and grid equipment amid artificial intelligence (AI) growth.
- Siemens Energy benefits from a projected $600 billion artificial intelligence (AI) investment by major tech firms in 2026.
- CEO Christian Bruch said demand for gas turbines remained strong and wind losses narrowed to 46 million euros.
