From Tea to Tech: UK’s Halma Rides Wave of Hyperscaler Spending

A FTSE 100 company whose origins trace back to 19th-century tea plantations is riding the wave of AI-driven data center spending.

Halma Plc shares were headed for an eighth-straight gain on Monday — their longest winning run for two years — and trading at an all-time high. The technology firm’s rally comes as analysts at banks including Barclays Plc and JPMorgan Chase & Co. predict an earnings boost from increased spending by so-called hyperscalers.