Gaon Cable rides US AI infrastructure boom

Gaon Cable, a subsidiary of LS Cable & System, said Thursday it has supplied transmission cables worth millions of dollars for a solar power grid project in the US, as surging artificial intelligence-driven electricity demand fuels investment in power infrastructure.

The rapid expansion of AI data centers has intensified concerns over power shortages in the US, driving demand for new power generation facilities and grid upgrades.

Industry observers expect investment in US energy infrastructure t ...