This AI Supplier Could Become More Valuable Than Investors Expect

Interestingly, the companies that supply the critical infrastructure that makes AI computing possible are becoming more valuable now than the chipmakers themselves. Vertiv (VRT) is one such supplier that has piqued investors’ interest with its outstanding growth. Plus, its inclusion in the S&P 500 Index ($SPX) earlier this year helped spark VRT stock’s year-to-date (YTD) rally of 81%, far better than the broader market's gain of roughly 8%.

Vertiv provides much of the power, cooling, and infrastructure required to run AI data centers efficiently and reliably. Its recent quarter showed that demand is accelerating faster than many investors expected.