Evercore says Vertiv providing some solutions for Amazon product

Evercore ISI keeps an Outperform rating on Vertiv (VRT) after Amazon Web Services announced the launch of its new P6e-GB200 UltraServers, featuring an in-house liquid cooling solution tailored for Nvidia’s (NVDA) Blackwell platform. Vertiv in midday trading is down 7% to $119.74. Evercore believes Vertiv is a key partner in building specific solutions for cloud customers and is providing some of the underlying components for AWS’s solution, which includes a water distribution cabinet, pumping unit, and fan coils While bears may see AWS’s new technology as a competitor to Vertiv’s liquid cooling solutions, Vertiv remains a “major partner” in building customized solutions for hyperscale customers, contends Evercore.