Japan's Mitsubishi Heavy expects surging turbine demand amid AI boom

Data centers and chip plants become new customers as company flags big sales jump

20240528 Mitsubishi Heavy Industries

Japan's Mitsubishi Heavy Industries is aiming to expand its global leadership in the market for gas turbines. © Reuters

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Mitsubishi Heavy Industries (MHI) said on Tuesday that it expects a jump in sales and profits in the next three years and aims to expand its global leadership in the gas turbine market as electricity demand is likely to soar amid a boom in generative AI.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.