Vertiv Pushes Into Liquid Cooling for AI Data Centers

By adding cold-plate engineering via acquisition, securing a Tier 1 role on a 1 GW NVIDIA-architected campus, Vertiv is positioned to supply integrated power, cooling and services for high-density AI.

Overview

The company reported strong first-quarter results on April 22, with about $2.65 billion in net sales and roughly 30% year-over-year growth, driven by a 44% organic gain in the Americas.
Vertiv announced on April 27 that it acquired Strategic Thermal Labs to gain cold-plate design, server-side liquid-cooling know-how, and high-density thermal validation for AI and HPC racks.
Hut 8 named Vertiv a Tier 1 counterparty on its Beacon Point AI campus in Texas on May 6, a 1 GW project that will follow NVIDIA’s DSX reference architecture for large-scale AI deployments.
Some market voices praise Vertiv’s backlog and revenue momentum but caution its stock trades at rich multiples, with Jim Cramer noting a 53-times earnings valuation and advising caution to investors.
The moves tie Vertiv’s power, cooling, rack and services portfolio more tightly to high-density AI builds and could speed customer deployment and lifecycle support while raising competition with other infrastructure suppliers.