Microsoft Bought Seven GE Vernova Gas Turbines to Power Texas Data Center

Microsoft recently purchased seven large gas turbines from GE Vernova to supply power for its data center in Texas, as AI-driven data center construction boosts demand for generation equipment, according to 36Kr. The report said a single turbine costs more than $250 million, yet demand for the complex equipment still far exceeds supply. U.S. investment research firm Melius Research estimated gas turbine prices have risen about 300% cumulatively over the past three years. GE Vernova shares have gained more than 70% over the past six months, and rivals including Caterpillar and Siemens have also posted rapid growth, the report said.