DafinchiCertainly, the underlying market in both semis and power, as you know, is very, very strong, but I will contend that certainly in power, both on the generation side with Ovation, with fleet modernizations but also behind-the-meter opportunities
EMR2026 Q3Industrial
1mo
Ram Krishnan
COO, Emerson Electric Co.
Context
Ram responded to a question about unpacking the growth opportunity behind semiconductor and power results. The analyst asked management to explain how much of the semiconductor and power growth opportunity reflected underlying market strength versus potential share gains and participation. Ram stated the markets are very strong, then emphasized power participation gains via Ovation on generation-side retrofits and behind-the-meter opportunities. He also referenced participation gains in AspenTech’s digital grid management and noted possible lesser participation gains in Test & Measurement.