Vertiv, Hot AI Play And Nvidia Partner, Pares Losses On Weak Sales, Guidance
Vertiv (VRT) reported better-than-expected fourth-quarter earnings early Wednesday, but the Nvidia (NVDA) partner came up short on revenue and current-quarter guidance. Vertiv stock, one of the hottest artificial intelligence plays over the past year, plunged at the open but pared losses. X Vertiv provides cooling systems for data centers that power the AI revolution. It …