- Vertiv is trading 4.1% up at $330.97 in pre-market, fueled by renewed optimism for AI-related power and cooling infrastructure.
- The move is largely attributed to the company's recently opened Johor, Malaysia, manufacturing facility, which expands its capacity for advanced thermal and power solutions for AI data centers.
- Investor enthusiasm also reflects Vertiv's central role in AI data centers and a robust backlog, contributing to a double-digit growth outlook.