Top 10 Trending AI News Updates And Analyst Ratings

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1. Vertiv Holdings Co. (NYSE:VRT)

Number of Hedge Fund Holders: 91

Vertiv Holdings Co. (NYSE:VRT) designs and develops hardware and software solutions focused on power management, thermal systems, and lifecycle services for industrial, data centers, and communication networks. The company’s AI-ready power, cooling, and IT infrastructure products are capable of running AI workloads even during outages, minimizing reliance on utility providers. Vertiv Holdings Co. (NYSE:VRT) collaborates with Nvidia (NASDAQ:NVDA) and Intel Corp. (NASDAQ:INTC) to innovate AI cooling solutions to keep systems operational regardless of the cluster size.

On February 12th, Vertiv Holdings Co. (NYSE:VRT) announced that it beat Q4 revenue estimates with a $2.35 billion print and reiterated that it is well-positioned to support the surge in data centers for AI applications.

“Efficiency of compute has always been core to the industry. As technology advances to unlock the full potential of AI applications, it becomes more broadly accessible to everyone. With that accessibility comes a broader, more pervasive use of AI technology, which we believe would generate more data and therefore require more data centers. As a result, I am confident in the growth trajectory of Vertiv, and we are reaffirming the five-year financial framework we presented at our investor event last November,” said CEO Giordano Albertazzi.

While we acknowledge the potential of Vertiv Holdings Co. (NYSE:VRT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than VRT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

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