Forget Tech Stocks: The Power Stock That AI Can't Live Without

Core Insights - The tech sector is the primary beneficiary of the mainstream adoption of artificial intelligence (AI), with nine of the world's ten most valuable public companies being tech firms [1] - Non-tech sectors, particularly energy and industrials, are also experiencing increased demand due to AI, highlighting opportunities for companies like Vertiv [2] Company Overview - Vertiv specializes in cooling systems and power management tools essential for data centers, preventing overheating and equipment failure [5][4] - The company has a significant market presence, with a market cap of $70 billion and a stock price of $182.49 [6][7] Financial Performance - Vertiv's stock increased by 42% in 2025, benefiting from rising data center spending by major tech companies [7] - In Q3 2025, Vertiv reported $2.67 billion in revenue, a 29% year-over-year increase, with operating income growing 39% to $517 million, indicating improved efficiency [8] - The company's backlog at the end of Q3 was $9.5 billion, suggesting strong future demand and the need for new manufacturing investments [9] Strategic Partnerships - Vertiv has established a partnership with Nvidia, collaborating on cooling systems for new chip designs, which enhances its market position [8]