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Auxier Asset Management noted that Gates Industrial (GTES) will benefit from the growth in the artificial intelligence sector, citing increasing demand for power generation and cooling capacity in data centers.
Auxier Asset Management noted in its Q2 2026 investor letter that Gates Industrial Corporation Ltd. (NYSE:GTES), a leading manufacturer of engineered power transmission and fluid power solutions, indirectly benefits from the expansion of AI infrastructure, particularly regarding the demand for energy generation and cooling capabilities in data centers. The company's shares closed at $25.42 on September 14, down 6.17% over the past month and up 0.77% over the past 52 weeks.
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Source：Yahoo财经 · Source Link
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