Amid concerns over an AI bubble bust, Hitachi Energy's order backlog exceeding ¥10 trillion is cited as a factor behind Hitachi, Ltd.'s share price performance, while its advanced technological capabilities in building power transmission and distribution networks for data centers are attracting attention.
The article identifies insufficient power infrastructure for data centers as a current challenge alongside the expansion of AI investment. Following Microsoft's withdrawal from a contract to use an AI data center in the UK, the issue is that developing power transmission networks has become a greater bottleneck than the semiconductor shortage.
Against this backdrop, Hitachi, Ltd.'s presence is emphasized. Hitachi Energy, which handles the power transmission and distribution business under Hitachi, has an order backlog exceeding ¥10 trillion. This is highlighted as a factor supporting the medium- to long-term growth potential of AI investment.
The article explains that, as a practical challenge for data centers, profitability is difficult to secure unless the procurement of computing resources using GPUs and the development of the power networks supporting them proceed at the same time. It presents the view that delays in developing power transmission networks will constrain the pace of AI infrastructure adoption.
Through commentary from expert Koga Masato (古賀真人), the article concludes that Hitachi Energy's technological capabilities and the scale of its order backlog suggest medium- to long-term growth potential as AI demand expands.