Bloomberg shouts "AI is already a long-term demand": Power equipment company Caterpillar has surged for eight consecutive days, hitting a new high.

Caterpillar has detached itself from the economic cycle label due to the surge in power demand from data centers, becoming a new star in AI energy infrastructure pursued by the Capital Market, reflecting the transformation opportunities and challenges faced by traditional industrial giants. (Background: AMD allowed OpenAI to "take a 10% stake" with a stock price big pump of 24%, launching a full-scale war against Nvidia Cuda?) (Background Supplement: Jen-Hsun Huang claims that electricians are the most sought-after in the AI era; do blue-collar workers in Taiwan really earn more?) When investors focus on AI chips, cloud computing, and large language models, very few would associate yellow heavy machinery with the new wave of technology. However, in September 2025, Caterpillar's stock price rose for eight consecutive trading days, setting a historical record, and has doubled compared to six months ago, indicating that AI's "appetite for electricity" has reshaped Wall Street's imagination of infrastructure. The AI power gap has turned the barometer into a bellwether stock. Global data center electricity consumption is expected to double by 2030, with demand for backup and self-generating equipment rising in tandem. Bloomberg analyst Matthew Griffin pointed out that after Oracle raised its forecast for cloud business, the market immediately shifted its focus to Caterpillar's gas turbines and generators, viewing it as an "AI energy infrastructure stock," transforming a company previously labeled as part of the economic cycle into the protagonist of a long-term growth story. Caterpillar holds about 42% of the market share in the data center backup power market and has long been regarded as an invisible champion. According to James van Geeleny, founder of Citrini Research and a guest on the Odd Lots Podcast, during his visit to the StarGate super-large park in Abilene, Texas, he saw rows of Cat gas units standing outdoors, directly "supplying blood" to AI servers. The company is also developing hydrogen fuel turbines and the Cat AMP distributed energy system, attempting to upgrade backup power to the main power grid to meet the immediate, stable, and high-density power supply needs of AI. AI: Long-term demand has formed. Caterpillar's story is not an isolated case; Andritz AG is using the Metris platform to introduce digital twins and automation; Siemens AG is using AI for predictive maintenance; John Deere has turned "precision agriculture" into a subscription service. The commonality is that industrial companies are no longer just selling equipment but are creating long-term, repeatable pricing digital service models. For Cat, IoT sensors and data analytics can detect failures in advance, reduce downtime, and enhance efficiency through cloud updates, allowing profit margins to escape the ceiling of traditional hardware sales. New energy challengers have already entered the market, with fuel cell manufacturer Bloom Energy offering cleaner, faster-deploying solutions; national grid upgrade plans also require the integration of energy storage and intelligent scheduling. If Caterpillar remains stuck in traditional generator thinking, its market share may be eroded. Conversely, if it can integrate hydrogen, hybrid power, and AI predictive maintenance into a single platform and sign long-term contracts with cloud service providers, Cat is expected to transform its existing distribution network into "energy as a service" revenue, further solidifying its moat. At a time when the AI wave sweeps across various industries, Caterpillar has demonstrated the insatiable demand for artificial intelligence: the technological revolution requires not only silicon wafers but also tangible metals and fuels. When the data centers light up, the orange-yellow units behind that current are the new badge of this 100-year-old industrial veteran. It has transformed from a follower of the economic cycle to a driver of infrastructure in the AI era, providing a revelation for all traditional enterprises—if you find the "key gap" in the torrent of technology, even the oldest giant can jump into a new dance step. Related Reports: Altman shares a frame with Pokémon: Hope Nintendo won't sue us. OpenAI's new Sora model ignites copyright warfare. On Law Review: Universal Basic Income (UBI) and blockchain, are they the social safety net under the AI wave? Jen-Hsun Huang claims that electricians are the most sought-after in the AI era; do blue-collar workers in Taiwan really earn more? Bloomberg claims "AI is already a long-term demand": Caterpillar's power equipment company has seen a big pump and set a new high for eight days in a row. This article was first published in BlockTempo, the most influential blockchain news media.