Nvidia Partner Vertiv's Orders Skyrocket Amid Surging Demand for AI
Vertiv(VRT) Investopedia·2024-07-24 19:25
Key Takeaways Oraganic Orders Jump 57% EVRT Vol 16.944 M 2024 Mar May Nov Sep TradingView Nvidia partner Vertiv reported a big jump in organic orders, lifting earnings and revenue above analysts' estimates. CEO Giordano Albertazzi said the company benefited from demand for artificial intelligence. Vertiv boosted its outlook for full-year adjusted earnings per share and revenue. Nvidia (NVDA) parter Vertiv (VRT) posted higher profit and sales as orders soared and it benefited from surging demand for artifici ...