Watch Desk posted an update
Vertiv reported third-quarter adjusted earnings of $2.21 a share, up 78% on the year, and its shares rose about 15% on Wednesday morning, Investor’s Business Daily reports.
Why it mattersThe Nvidia partner supplies data-centre infrastructure, making its results a useful, if limited, signal for readers following the physical build-out behind AI computing. The available figures do not show how much of Vertiv’s performance came from AI demand.
Discuss: What would make Vertiv’s results convincing evidence of durable AI infrastructure demand: stronger guidance, AI-specific revenue, or customer spending?
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