Forget Nvidia: 1 Other Data Center Stock to Buy Hand Over Fist Right Now That Virtually No One Talks About [Yahoo! Finance]
Vertiv Holdings, LLC Class A (VRT)
Company Research
Source: Yahoo! Finance
When it comes to companies that are involved in data centers , I'd wager that Nvidia is the first one that comes to mind. Although Nvidia has an enormous presence for data center services, there are a host of other competitors worth watching. Below, I've broken down some of the challenges facing the data center industry and some potential resolutions. Moreover, I'll discuss my top pick outside of Nvidia and explain why this company, Vertiv Holdings (NYSE: VRT) , should be on your radar. Data centers consume a lot of energy Data centers are similar to warehouses. But instead of being oversize storage units, data centers house critical pieces of IT infrastructure such as server racks that hold chipsets known as graphics processing units (GPUs). This type of network equipment is essential for powering all sorts of artificial intelligence (AI) applications. Although AI can bring efficiencies to sophisticated projects in cloud computing or database management, there are some trade
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VRT
News
- Here's What Could Help Vertiv (VRT) Maintain Its Recent Price Strength [Yahoo! Finance]Yahoo! Finance
- Vertiv to Hold Investor Event on November 18, 2024Business Wire
- Data Center Cooling Market Estimated to Reach $29.6 billion by 2030 Globally, at a CAGR of 12.8%, says MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- The Strong Earnings Posted By Vertiv Holdings Co (NYSE:VRT) Are A Good Indication Of The Strength Of The Business [Yahoo! Finance]Yahoo! Finance
- Vertiv Names Scott Armul to Lead Global Portfolio and Business UnitsBusiness Wire
VRT
Earnings
- 10/23/24 - Beat
VRT
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 8-K
- 11/12/24 - Form SC
- VRT's page on the SEC website