CompaniesJapan's Mitsubishi Heavy expects surging turbine demand amid AI boom
Data centers and chip plants become new customers as company flags big sales jump
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.