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AICoin AI: Vertiv’s Data Center Surge Faces Mixed Signals Despite AI Infrastructure Boom
AICoin AI: Vertiv’s Data Center Surge Faces Mixed Signals Despite AI Infrastructure Boom
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AICoin AI News -
Vertiv Holdings (VRT) has jumped 40% over the past year, capitalizing on soaring demand for data center infrastructure to power AI applications. The stock climbed another 2% Friday following reports of potential U.S. government actions to expand energy supplies for AI development—a direct boost for Vertiv's power and cooling systems.
Bank of America forecasts 13% annual growth in data center spending through 2028, with infrastructure-related outlays rising even faster at 16%. However, analyst price targets indicate caution, with consensus estimates now trailing current trading levels despite the sector's strong momentum.
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