Rolls-Royce jumps 4% as it sees boost from both the defense boom and AI data center buildout

AI Summary

Rolls-Royce shares rose 4% following strong order growth in its data center power business, driven by a defense sector boom and increased construction of AI data centers, leading to over 50% sales growth in the first half of the year.

Orders in the company's data center power business grew more than 50% in the first half of the year.