NYSE:VRTElectrical
Vertiv’s Record AI Backlog Puts Valuation And Growth Assumptions In Focus
Vertiv Holdings Co (NYSE:VRT) reported record fourth quarter results, supported by strong demand tied to AI and data center projects.
The company highlighted a record US$15b order backlog and a large rise in organic orders tied to AI-centric infrastructure.
Vertiv is expanding production capacity and working on liquid cooling and prefabricated AI data center systems as part of its growth plans.
Management issued what it described as strong forward-looking guidance, reflecting expectations...