Artificial intelligence (AI) is emerging as a transformative force in the global economy, with consulting firm PwC projecting a 15% boost to global GDP over the next decade. This multiyear growth trend is particularly evident in sectors like chips, software, and data centers, where demand for AI-related hardware and software is outstripping supply. Companies like Vertiv Holdings (VRT), which specializes in thermal management solutions for AI data centers, are capitalizing on this trend, evidenced by a remarkable 238% stock increase over the past year.

Vertiv’s focus on liquid cooling is crucial as AI workloads generate significant heat, necessitating efficient thermal management. The company has expanded its product offerings and formed partnerships with major players like Nvidia and Intel, further solidifying its position in the AI infrastructure market. With a book-to-bill ratio of 2.9 and a $15 billion order backlog, Vertiv is well-positioned for sustained growth, anticipating 42%-45% growth in adjusted earnings this year.

For market professionals, Vertiv represents a compelling growth opportunity in the AI infrastructure space, particularly as the demand for liquid cooling solutions is expected to grow at an annual rate of 31.5% through 2033. With its current valuation at less than 10 times sales, Vertiv could be an attractive addition for those looking to invest in the expanding AI sector.

Source: fool.com