Will AI data centers raise your power bill? The CEO who plugs them in says no.

• AMSC focuses on building a more resilient and robust electrical grid to support power demands for manufacturing, including semiconductor fabs, and traditional energy sectors.
• AI data centers constitute a 'very small fraction' of AMSC's business, with 20-30% driven by traditional energy and industrial customers like gas pipelines.
• AMSC has a strong 12-month backlog exceeding last year's total business, and current projects are largely funded, mitigating immediate concerns about rising interest rates.
• The biggest challenge is securing capital investment for the 'trillion-dollar' projects across mining, materials processing, semiconductors, pipelines, and power.

American Superconductor (AMSC) CEO Daniel McGahn discusses the critical need for power grid modernization to support growing energy demands from manufacturing, including semiconductor fabs and traditional energy. He emphasizes that AI data centers are a small fraction of AMSC's diversified business, which boasts a strong backlog and resilience to immediate interest rate impacts.