[Bank of America: Data Center Demand Still Underestimated] According to a report by Golden Finance on June 30, analysts at Bank of America stated in a research report that the outlook for the capital goods sector is becoming increasingly optimistic. Among major industrial companies, demand from data centers is still being underestimated. These companies include Schneider Electric, ABB, Siemens, and Siemens Energy. Analysts noted that in the coming years, the structural growth of infrastructure related to artificial intelligence will significantly expand the scale of the potential market. Stronger investment in power generation is a leading indicator for future orders in electrical equipment, which should support the continued growth of grid and electrification businesses. The most attractive opportunities are expected to come from high-value areas such as power conversion, grid equipment, and cooling systems.