Moffett also said artificial intelligence isn’t driving an upgrade cycle as hoped, noting that there is weakening demand in China along with antitrust concerns.
—
Jason Gewirtz,
CNBC,
8 Jan. 2025
With high expectations for future new orders along with expanding current new orders, the outlooks for material handling and supply chain industries are positive, despite some weakening in the December MHI BAI report.
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