Germany, July 1 -- Siemens is investing €300 million to significantly expand the production of key technologies for the global energy transition and for AI data centers. This strategic investment will enable the company to respond to massively increasing demand and further develop its position as a partner to world-leading cloud and AI companies.The investment is part of a move to expand Siemens' global capacity. In March 2026, the company announced an investment of US$165 million in its U.S. factories to support the rapid growth of AI and data centers in the U.S. By expanding its manufacturing locations in Germany, Siemens is now taking a further step to secure the global supply of electrical switchgear. The investment encompasses a ...