Robot maker ABB shielded from tariffs in 'robust market'

STORY: Swiss engineering company ABB said it is seeing strong customer demand.It's particularly from a surge in new data centres being built in the U.S. to process artificial intelligence.ABB makes factory robots, as well as motors and drives for factory production lines.On Thursday it also said it was seeing little impact on customers from U.S. import tariffs as it reported its third quarter results.ABB said its operating earnings before tax rose 12% to $1.74 billion.While new orders in the U.S. jumped 27% during the period.ABB generates around 7% of group revenues from data centres, up from 6% a year ago.It provides electrification products to keep server rooms online.Earlier this week ABB announced a partnership with chip maker Nvidia to develop the next generation of data centres.The company currently produces locally around 75-80% of the products it sells in the U.S. and is aiming to reach 90% by investing more in U.S. factories.

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