BUSINESSCNBC TOP
Rolls-Royce jumps 4% as it sees boost from both the defense boom and AI data center buildout
Rolls-Royce's stock rose 4% due to increased demand from defense and AI data center sectors. The company reported over 50% growth in orders for its data center power business in the first half of the year.
Mentioned
Related Signal
Adjacent reporting
- Rolls-Royce Lifts Outlook Again as Demand Soars for Engines
- AMD's stock soars 15% as data center growth pushes revenue and guidance past estimates
- FTSE 100 flat after Fed holds interest rates and Iran attacks; Rolls-Royce expects higher profits – business live
- Rolls-Royce raises 2026 targets after profits beat expectations
- Intel's stock jumps 11% as chipmaker rides AI boom to fastest revenue growth in almost 15 years
- Chip stocks race towards biggest gains since dotcom era on AI demand