News
🚨 🇺🇸 Vertiv smashes forecasts as AI data-centre demand holds up
🚨 🇺🇸 Vertiv smashes forecasts as AI data-centre demand holds up
- 🇺🇸 Vertiv, which supplies power and cooling kit to AI data centres, reported quarterly adjusted EPS of 2.21 USD against about 1.82 USD expected (newswires, )
- Revenue came in at 4.31bn USD against roughly 3.75bn USD expected, a beat of around 15%
FO view: A beat this size from a data-centre equipment supplier says AI infrastructure orders are still running ahead of forecasts, which supports the AI capex theme behind tech leadership.
Not investment advice.