NYSE:CATMachinery
Caterpillar’s AI Power Push And Workforce Bet Meets Lofty Valuation
Caterpillar opened its Building the Future Workforce Challenge, a global competition tied to a $100 million pledge to expand advanced manufacturing skills.
The company is expanding large engine production at its Lafayette facility to support rising demand for power solutions.
Caterpillar secured multiyear power generation contracts totaling 3.4 GW to supply AI data centers and related infrastructure.
For investors watching NYSE:CAT, this news sits alongside a share price of $895.69 and a...