GE Vernova's Order Backlog Hits $176 Billion on Data Center Demand

GE Vernova's order backlog has swelled to $176 billion, a figure large enough to rival the GDP of some countries, according to reporting from The Motley Fool. The company makes turbines, grid equipment and other power infrastructure, and its order book has been filled by utilities and data center operators racing to secure electricity capacity. The surge reflects a broader shift: data centers built to run AI workloads consume far more power than traditional computing, and utilities are turning to equipment makers like GE Vernova to build out generation and grid capacity years in advance. That has turned what was once a slower-growing industrial business into one of the more direct beneficiaries of the AI buildout. What remains unclear is how much of that backlog converts to actual revenue on the timeline implied, and whether data center demand forecasts that underpin many of those orders hold up if AI capital spending slows.