Hitachi Energy invests $1B to strengthen U.S. power grid amid AI data center boom

Hitachi Energy plans to invest $1 billion in U.S. grid production, including a massive transformer factory in Virginia, as the country scrambles to power AI-driven data centers. The move, part of a $9 billion global strategy, aims to ease supply chain pressures and strengthen domestic energy infrastructure. With AI accelerating power needs, the investment underscores how grid capacity—not just chips—is emerging as a critical factor in the technology race.