By Kit Norton
Shares of Fluence Energy skyrocketed on Monday following an announcement that the advanced battery energy storage company, along with Siemens and nVent Electric, will work with Nvidia on developing data centers.
Siemens, Nvidia, Fluence Energy, and nVent have developed power infrastructure for Nvidia DSX Vera Rubin -- an end-to-end platform and reference design that guides the building, designing, and operation of massive data centers for next-generation artificial intelligence supercomputers.
This is a blueprint for how energy will move from the utilities to the data center, ensuring the AI high-intensity workloads run smoothly.
Siemens in a media release said the reference design allows data center owners and operators to deploy extreme-density AI infrastructure faster, with lower risk, and greater predictability.
Fluence Energy surged 45% to $27.36 on the announcement, as Nvidia's market influence moved well beyond chips. NVent Electric stock rose 3.5% to $172.83. Pentair spun off nVent several years ago.
Fluence Energy will integrate its battery energy storage products into the data center designs for flexible power use and possible grid constraints. Meanwhile, nVent works on AI workload compatibility.
"Our Smartstack platform is central to this new architecture, transforming the grid into an accelerator for compute," Fluence Energy CEO Jeff Monday said in the media release.
"By providing essential capabilities like voltage and frequency ride through, black start, grid demand response, and AI load smoothing, we are enabling our customers to build the AI factories of the future, faster and more reliably," Monday added.
Write to Kit Norton at kit.norton@barrons.com
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(END) Dow Jones Newswires
June 01, 2026 15:38 ET (19:38 GMT)
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