Power consumption is the hardest physical limit on artificial intelligence (AI) scaling. As tech giants race to build the next generation of power-hungry data centers, a legacy manufacturer known for residential backup generators has executed a brilliant strategic pivot.
Generac CEO Aaron Jagdfeld joins ‘Squawk on the Street' to discuss the company's global supply agreement to provide generators to a major hyperscaler, how the deal could transform the business, and more.
After reaching an important support level, Generac Holdings (GNRC) could be a good stock pick from a technical perspective. GNRC surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
| Machinery Industry | Industrials Sector | Aaron Jagdfeld CEO | XETRA Exchange | US3687361044 ISIN |
| US Country | 9,400 Employees | 21 Jun 2013 Last Dividend | - Last Split | 11 Feb 2010 IPO Date |
Generac Holdings Inc. is an established global leader in the design, manufacture, and distribution of energy technology solutions. Founded in 1959 and headquartered in Waukesha, Wisconsin, the company has dedicated its expertise to providing a wide range of products aimed at enhancing energy reliability and efficiency for both residential and industrial customers. Through its extensive network, including independent dealers, distributors, retailers, e-commerce platforms, and direct sales, Generac ensures broad accessibility to its innovative products and solutions worldwide.