Powell Industries is trading 4.3% up now at $200 after August 26 investor-conference commentary highlighted accelerating data-center demand.

  • Management cited a $2.4 billion backlog, with roughly one-third tied to data centers.
  • Record $934 million quarterly orders included a data-center contract exceeding $400 million.
  • Broader technology strength may provide additional support, though company-specific optimism appears central.