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.
Claim 30% Off TipRanks
Forget margin or options. Here's how the pros trade NVDAPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VRT: