Daily
AI Infrastructure Daily: everything that happened across chips, memory, power, data centers and financing in a 3-minute read, every weekday. Free. Read today's →
NVDA$166.2−4.34%TSM$405.5−1.90%SK hynix₩1,254,000−1.80%Samsung Electronics₩208,000+0.97%MU$798.4−1.59%ASML$1,497.1−2.43%AVGO$364.4+5.54%LITE$624.6−3.61%COHR$232.1−1.04%ANET$206.6+5.06%GEV$818.5+1.27%ETN$359.0−0.44%VRT$209.6+1.52%CEG$282.4+2.79%VST$134.5+0.79%PWR$606.2−0.29%HD Hyundai Electric₩421,000+3.95%MP$37.45+1.96%FCX$60.45−2.69%CCJ$71.78−3.42%MSFT$523.0+0.36%META$623.6−0.82%CRWD$229.9+0.35%SMH$501.7−1.03%SPY$757.1−0.35%
Home/Power & Cooling/Bottlenecks/Electrical gear
US / EU · Power & Cooling

Data Center Electrical Gear (UPS, Busway & Distribution)

Inside the hall, every megawatt needs medium-voltage switchgear, UPS, busway and power distribution. A handful of makers supply most of it and backlogs have grown with AI campuses.

Switchgear→UPS→Busway / PDU→Rack
76
Tightness score ⓘ
#14 of 56
▲ Tightening
Supply concentration3
Lead time4
Capex intensity3
Geopolitical exposure2
Pricing power4
Lead time
12–24 mo
Theme 1M
−7.0%
% in uptrend
17%
Metric to watch

Data-center orders and backlog at Vertiv, Eaton, Schneider, Legrand and ABB.

What would prove us wrong

Weakens if electrical-equipment backlogs start shrinking while data-center starts hold up.

Dependencies
↑ supplier  Transformers & Switchgear86↑ supplier  Copper74 ↓ customer  Data Center Land & Buildings68

Electrical gear theme performance

Equal-weight · rebased 100 · 1Y
Stocks we track

Who controls this bottleneck

Roles, not recommendations. Delayed prices; local currency.

StockRoleListingLast1D1M3MYTDOff 52w highTrendNext earnings
VRT
Vertiv
 Power and liquid-cooling chain for AI racks NYSE
US		 $209.6 +1.52% −5.9% −28.6% +29.5% −44.2% 2026-10-28
ETN
Eaton
 Electrical content per data-centre MW NYSE
US		 $359.0 −0.44% −11.9% −20.2% +14.0% −21.7% 2027-02-02
SU.PA
Schneider Electric
 Switchgear, power and cooling for data centres Euronext
France		 €242.5 +3.04% −8.3% −20.9% +4.8% −22.0% —
LR.PA
Legrand
 Data-center busway, PDUs and power distribution Euronext
France		 €138.2 −0.32% +2.1% −1.9% +10.3% −12.3% 2026-11-05
ABBN.SW
ABB
 Electrification, drives and robotics SIX
Switzerland		 CHF 70.42 −0.40% −10.7% −15.2% +20.7% −20.5% 2026-10-20
HUBB
Hubbell
 Utility and campus electrical products NYSE
US		 $438.0 −1.24% −7.5% −14.1% −0.5% −21.0% 2026-10-27

Recent headlines

Auto-updated