Eaton Stock Rises as Spin-Off Revealed. Why It’s Going All-In on Planes and AI Data Centers.

Monday, electrical technology provider Eaton announced it would spin off its Mobility group to, well, boost its growth. The transaction allows Eaton to “focus on higher growth, higher-margin Electrical and Aerospace businesses directly aligned to secular megatrends,” according to the company. Eaton Electrical provides solutions for a host of industries including power-hungry AI data centers, which are boosting demand growth for electricity to levels not seen in decades.

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