Vertiv's Liquid Cooling Surge in AI Data Centers
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
AI-driven economic growth, with PwC predicting a 15% GDP boost, is fueling demand for hardware and tools, particularly in data centers. Vertiv Holdings, specializing in power systems, thermal management, and racks for AI data centers, is at the forefront. Their liquid cooling solutions, partnering with tech giants like Nvidia and Intel, are in high demand, driving a 238% stock increase in the past year. With a 2.9 book-to-bill ratio and a $15 billion order backlog, Vertiv is poised for continued growth, trading at under 10 times sales in this hot AI niche.
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