Vertiv, a data center infrastructure company, experienced a significant stock surge following its optimistic outlook driven by artificial intelligence demands. The company’s shares jumped over 15% after reporting strong Q4 earnings and providing robust guidance for 2024, largely attributed to the growing demand for AI infrastructure. Vertiv expects its AI-related orders to reach approximately $1.5 billion in 2024, representing a substantial portion of their business. The company’s success is closely tied to the broader AI boom, as it provides critical power and cooling solutions for data centers that host AI applications. Vertiv’s growth aligns with the increasing demand for AI computing infrastructure, similar to the success seen by Nvidia and other tech companies in the AI space. The company’s management highlighted that AI workloads require significantly more power and cooling compared to traditional computing, driving increased demand for their solutions. Vertiv’s forecast suggests continued strong growth through 2025, with AI-related orders expected to comprise about 25% of their total orders by year-end 2024. This performance reflects the broader trend of companies benefiting from the AI infrastructure buildout, as organizations worldwide invest heavily in data center capacity to support AI applications. The company’s stock performance and outlook demonstrate the ripple effects of AI adoption across the technology supply chain.
Source: https://www.businessinsider.com/vertiv-stock-price-ai-data-center-demand-outlook-vrt-nvidia-2025-4