The new Johor facility will support high-density computing demand and add hundreds of jobs by 2027, per the company.
Vertiv Holdings Co (VRT) opened a manufacturing facility in Johor, Malaysia, to expand its AI and high-density computing infrastructure supply across Asia. The plant will enhance regional capabilities in engineering, logistics, and deployment for critical digital infrastructure, including thermal and power solutions.
The facility, expected to be fully operational in 2027, will create hundreds of skilled jobs. Bernstein recently initiated coverage with an Outperform rating and a $416 price target, citing Vertiv’s robust earnings power and scale in data center equipment. Oppenheimer also raised its price target to $353 from $330, maintaining an Outperform rating.