AI Data Center Power Infrastructure Stocks Surge 6% on Strong Earnings

Forgent Power Solutions Inc. (NYSE: FPS) closed at $45.19 on the New York Stock Exchange on the 20th, up 6.10%. Trading volume topped 1.9 million shares, lifting its market capitalization to roughly $11 billion (about ₩15 trillion), an increase of about $700 million (₩1 trillion) in a single day.

In its fiscal 2026 third-quarter results announced last week, the company reported revenue of $378.7 million (approximately ₩510 billion), a 103% year-over-year increase, and net income of $24.5 million (about ₩33 billion). Riding on record orders and backlog, Forgent raised its full-year guidance. In late March, it completed a public offering at $29.50 per share, raising about $320 million (₩430 billion) through new share issuance to expand production capacity and strengthen its balance sheet.

Forgent Power Solutions, founded in 2023 and listed on the NYSE in February 2026, is an American industrial equipment manufacturer that designs and produces power-distribution gear—such as transformers and switchgear—for data centers, power grids, and energy-intensive industrial facilities. Its key strength lies in delivering a data center’s entire power infrastructure from a single source. The company has emerged as a growth stock amid a surge in AI data-center investment and rising expectations for power-infrastructure expansion.