Tech selloff hits electrical components stocks as AI infrastructure favorites retreat

Electrical equipment and AI infrastructure stocks fell as tech selloff spread to power, cooling and energy storage.

Other AI plays: Which electrical components and equipment stocks have more potential upside?

The AI boom has touched on a wide variety of sectors. Many of these might be surprising to some investors, who have only ...

Elektrik Secures Significant Growth Investment from Lead Edge Capital to Accelerate Electrical Transmission & Distribution Procurement for the Infrastructure Supercycle

Elektrik, the leading procurement platform for sourcing critical electrical infrastructure components, today announced a new investment from Lead Edge Capital, a growth equity firm. Elektrik is a tech ...
The Business Journals

Electrical Components International expands with purchase of Canadian business

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Electrical Components ...
Business Wire

Blackstone Acquires Power Grid Components, Inc., a Leading Supplier of Critical Components for the Electrical Grid

NEW YORK--(BUSINESS WIRE)--Today, Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. (“PGC”) from Shorehill ...
Nanowerk

PTFE nanoparticles make silver plating harder and longer-lasting

PTFE nanoparticles create silver coatings that are harder, smoother and more wear-resistant, improving the durability of ...