Citi says the liquid cooling market “remains highly fluid” after Amazon Web Services announced its new P6e-GB200 Ultra Servers. The find finds it unclear if AWS is producing liquid cooling components internally versus partnering with suppliers. Citi understands investor concerns but views the selloff today in shares of Vertiv (VRT) and nVent Electric (NVT) as overdone. The analyst sees good near-term visibility for both and believes Vertiv’s competitive advantages remain intact.
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Read More on VRT:
- Strategic Positioning and Growth Potential Justify Buy Rating for Vertiv Holdings
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- Evercore says Vertiv providing some solutions for Amazon product
- Video: Why Vertiv shares are sinking today
- Vertiv now down 10% after Amazon launches own cooling system