ABB CEO sees no bubble risk in artificial intelligence investments for data centers

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ZURICH, Oct 16 (Reuters) - ABB ABBN.S is "very confident" about future demand from data centers that power artificial intelligence, Chief Executive Morten Wierod said on Thursday, rejecting concerns the sector could be in an unsustainable bubble.

"Over the next five years I am very confident about demand from data centers," Wierod told Reuters. "I don't think there is a bubble but we do see some constraints in terms of construction capacity not keeping up with all the new investments."


(Reporting by John Revill; Editing by Susan Fenton)

((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net))

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