The German stock profiting from the AI boom
While everyone watches NVIDIA, a German stock has gained over 100% in the last 12 months — and no one is talking about it. Siemens Energy trades at €166 today. A year ago, the stock cost under €100. The reason: artificial intelligence is consuming electricity.
The story behind it
Artificial intelligence needs data centers. Data centers need enormous amounts of power. In the US, new data centers are currently waiting up to 5 years for a grid connection — infrastructure can't keep up. Transformers, switchgear, power grids: delivery times are 36 months or more.
Siemens Energy supplies exactly this infrastructure. The company reported an order backlog of €17.6 billion in Q1 2026 — 30% more than the previous year. The majority comes from data centers. Total order backlog stands at €154 billion.
CEO Christian Bruch states openly: AI-driven power demand will triple by 2030. That means a decade of guaranteed orders.
What this means for you
While tech investors wait for the next NVIDIA move, German companies are quietly building the infrastructure for the AI revolution. Siemens Energy isn't a chip maker — they deliver the power without which no AI model runs.
Anyone who invested €10,000 in Siemens Energy a year ago would be sitting on over €20,000 today. The stock doubled while the DAX gained only 15% in the same period.
How professionals are reacting
Institutional investors bought heavily. The stock reached an all-time high of €198 in February 2026 before a technical correction set in. Currently, Siemens Energy trades at €166 — 16% below the peak.
Analysts see further potential: the €154 billion order backlog equals several years of revenue. As long as the AI boom continues, demand for energy infrastructure remains high.
First steps for beginners
Before you invest in a stock, understand what the company does. Siemens Energy is not Siemens — it's a spin-off focused on energy infrastructure: wind turbines, power grids, data center infrastructure.
Key figures:
- Stock price: €166 (as of June 1, 2026)
- 52-week high: €201.58 (+16% above current price)
- 52-week low: €94 (-46% below current price)
- 1-year performance: +100%
- Q1 2026 order backlog: €17.6B (+30% YoY)
If you invest in stocks, diversify. A single stock can be volatile. Siemens Energy has risen strongly in recent months — that doesn't mean it will always continue. Past performance is no guarantee of future results.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Past performance is not an indicator of future results.