Data center expansion drives $6 trillion infrastructure investment, boosting power and cooling firms amid AI growth.
Vertiv Holdings and GE Vernova have surged 102% and 65% this year, respectively, as AI-driven data center demand fuels growth in power and cooling systems. The sector faces a $6 trillion infrastructure investment need to support long-term AI expansion, analysts estimate.
Vertiv reported a 30% year-over-year revenue increase in Q1, outpacing the S&P 500’s historical 10% annual return. CEO Giordano Albertazzi cited a robust pipeline and strong order expectations for 2026, reflecting sustained demand from hyperscalers and GPU-powered data centers.
The AI boom remains in early stages, with power infrastructure positioned as a critical bottleneck. Companies supplying these systems are expected to benefit from multi-year growth, extending beyond the current market cycle.