Schneider to invest over $700M in US to power AI growth
French electrical equipment maker Schneider Electric plans to invest over USD 700 million in its US operations over the next two years. The new investment is expected to create over 1,000 new jobs.
The announcement by the French firm comes amid tariff threats by US President Donald Trump on multiple commodities, including aluminium, steel and semiconductor chips.
Schneider said the investment will focus on boosting the US energy infrastructure to enhance AI growth, bolster domestic manufacturing and improve energy security.
“Today’s announcement is another milestone in our responsible investment strategy at Schneider Electric, underscoring our steadfast commitment to US manufacturing, our unwavering belief that jobs and…
