33 Most Important AI Companies You Should Pay Attention To

5. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 85 

YTD Return as of August 1: 97%

Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. It is one of the early entrants in the data center market, and as a result, has a multitude of strategic partnerships and brand value in the arena as AI leads to a surge in demand for the products offered by the company. Some of these products include power management solutions, protecting data centers against surges and blackouts, as well as thermal management solutions that protect against the overheating of powerful computing networks.

Gio Albertazzi, the CEO of Vertiv Holdings Co (NYSE:VRT), detailed during the second quarter earnings call that the demand for high density liquid-cooled chips was a reality that was accelerating demand for AI infrastructure not only in North America, but across other large markets, especially in China. The CEO noted that the firm had a leading position in the chip-focused liquid cooling domain with a diversified product range and a strong customer base.