Why Vertiv Stock Is Up Today
The rise of artificial intelligence (AI) is creating massive demand for new data centers, and with it demand for the companies serving the data centers.
Vertiv (NYSE: VRT), one such company, easily beat quarterly expectations and its stock is up 10% as of noon ET as a result.
Vertiv makes power management and cooling systems for data centers and communications hubs. Heat is a massive issue inside data centers and inadequate cooling can limit how fast the centers can grow.
Source Fool.com
