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“Verity Soars on Blowout Q3 Earnings as AI Data Center Demand Supercharges Growth“🚨🚨🚨

Vertiv Holdings (VRT) jumped in early trading after the AI infrastructure giant reported strong third-quarter earnings that easily topped Wall Street expectations — another sign that the ongoing AI data center boom continues to power record demand.

The company posted adjusted earnings per share of $1.24, crushing the FactSet consensus of $0.98. Revenue also surged, coming in at $2.68 billion versus the expected $2.58 billion. That marks a 29% year-over-year increase in sales, driven largely by soaring demand for advanced cooling and power systems that support the energy-hungry infrastructure behind artificial intelligence.

“We delivered strong sales growth of 29% and built significant backlog, reflecting both accelerating market demand and our increasingly strong competitive position and unique capabilities to enable our customers’ most advanced infrastructure needs at scale,” said Vertiv CEO Giordano Albertazzi.

Vertiv’s results highlight how deeply AI investment is reshaping the tech hardware landscape. As hyperscalers like Nvidia, Microsoft, and Amazon Web Services race to expand their data center capacity, companies like Vertiv — which provide the physical backbone for those operations — are reaping the rewards.

While Vertiv shares have already climbed sharply this year on optimism around AI, investors see the latest earnings beat as validation that the trend has staying power. With a growing order backlog and robust industry tailwinds, Vertiv looks well positioned to remain a key player in the rapidly expanding AI infrastructure ecosystem.