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1 Data Center Stock That Billionaire Philippe Laffont Is Buying Now
Yahoo Finance· 2026-02-19 15:29
The company is leaning heavily into AI. Its $1 billion acquisition of PurgeRite, a specialist in fluid-purging and coolant services for high-density data centers, strengthens Vertiv’s liquid-cooling capabilities, key for powering AI server farms. On the innovation front, last year, Vertiv partnered with Nvidia under the DOE’s COOLERCHIPS program to co-design an 800-volt DC power and cooling system for next-generation AI chips. CEO Alberto Albertazzi said, “We have combined our leadership in power and coolin ...