Vertiv Holdings Co Aktie News

WESTERVILLE, Ohio--(BUSINESS WIRE)--While artificial intelligence (AI) use cases are growing at an unprecedented rate, expert information is scarce for pioneering data centers. Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, recognizes this knowledge gap and the urgency of accessing this information, leading to the launch of their AI Hub. Partn...

Datacenter power consumption is predicted to more than double in the next six years, thanks to datacenter expansion. This growth is needed to process the huge amounts of data that supports AI and machine learning.

Micron is a supplier of the HBM3E memory solution used in Nvidia's H200 Tensor Core GPU. Vertiv stock has room to run despite a heady valuation if the AI-spending boom continues.

Vertiv is currently one of the hottest stocks in the U.S. market as tech giants are pouring billions into data centers. The company is efficiently absorbing positive industry trends as its operating profit and free cash flow demonstrate exponential growth. Despite a 524% rally in the stock price, it is still undervalued with a 33% upside potential according to a DCF model.

Everyone who has tried generative AI knows it's a transformational technology. And it isn't a fad; artificial intelligence will be with us for decades.

Industrial stocks have been on a tear, and there are various reasons for optimism. The Biden Administration's Infrastructure Investment and Jobs Act (IIJA) authorized spending $850 billion across hundreds of different projects around the nation.

Many Wall Street investors keep a close eye on the opinions of major brokerages, such as Citigroup (NYSE: C ). Therefore, today we'll explore three promising growth stocks that have recently received a vote of confidence by means of increases in Citi price targets.

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in two upcoming investor conferences in May. David Fallon, Chief Financial Officer, will present at Oppenheimer's 19th Annual Industrial Growth Conference, on Monday, May 6, 2024 at 9:45 a.m. Eastern time. The event is virtual. Gio...