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Rolls-Royce raises guidance as defense and data center demand grow
The company said orders in its data center power business rose more than 50% in the first half of the year, supporting the outlook increase.
Rolls-Royce has raised its guidance, supported by a mix of stronger defense demand and expanding data center buildouts, CNBC World reported.
The outlet said orders in the company’s data center power business grew more than 50% in the first half of the year.
CNBC World linked the improved performance to end market demand coming from defense-related activity and growing investment in AI data center infrastructure.
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