Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Vertiv Expands to Keep Pace with Nvidia Partnership and Growing Orders

alphabiz Views  

Vertiv (VRT), a provider of power and cooling solutions for data center server systems, is currently collaborating with NVIDIA. They are also expanding to meet the surge in orders.

Shinhan Investment Securities analyst Ham Hyeong Do explained, “Cooling solutions provide technologies tailored to the characteristics of data centers, such as air cooling, DTC, and immersion cooling. Since cooling solutions are considered from the design stages of the server and data center, track records are important for these products.”

The CapEx of the global top 10 cloud companies is expected to increase by 26% in 2024. This is due to the need for data center investments as AI proliferates. AI data centers have a high proportion of high-performance GPUs, significantly increasing power usage. While the power usage of existing racks is 8kW, AI racks range from 30 to 100kW.

Analyst Ham Hyeong Do said, “All products, including PDUs and network cables, must improve their performance to match the high energy density. The cooling solution also needs a transition from the existing air-cooling to more efficient water-cooling systems.”

Vertiv can provide DTC and immersion methods to its clients and is currently carrying out a national project with NVIDIA in the U.S. They are developing a new cooling solution. This technology combines DTC and immersion methods. They aim to commercialize the final product after testing in 2026.

Vertiv’s order backlog increased from $1.9 billion in 2020 to $5.5 billion in 2023, recording a growth rate that outpaces the industry’s growth speed. They are expanding to keep up with the influx of orders. In 2023, they expanded factories in Europe, China, and Mexico, established a new factory in Austin, USA, and started operating a new factory in India in January 2024.

Analyst Ham Hyeong Do predicted, “In 2024, the effect of the increase in Q will be fully reflected, and profitability will improve.”

alphabiz
content@www.kangnamtimes.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Shocked Mercedes Buyers Find Chinese Parts Under the Hood
  • Temu and Shein Blame U.S. Tariff Shift for Sudden Price Surge
  • U.S. Targets Southeast Asian Imports Backed by China
  • 120 Arrested at Bangkok Drug Party—Shocking Details Revealed
  • Yoon’s Shocking Martial Law Move: International Media Blames Wife Scandal for Political Crisis
  • South Koreans Shocked: Martial Law Declared, But No Emergency Alerts Sent

You May Also Like

  • 1
    Korea and Turkey Forge Stronger Ties: A New Era of Partnership

    LATEST 

  • 2
    High-Rise Fire in South Korea Leaves Three in Cardiac Arrest

    LATEST 

  • 3
    Revolutionizing E-Commerce: Synagie Teams Up with China Post to Boost Cross-Border Trade

    LATEST 

  • 4
    Myke Towers Unleashes Caribbean Vibes with New Album 'IslandBoyz'

    LATEST 

  • 5
    Vinamilk Takes Center Stage at Growth Asia Summit, Showcasing Revolutionary 6-HMO Formula!

    LATEST 

Popular Now

  • 1
    Midea Kicks Off Exciting Partnership as Official Sponsor of AFCON 2025!

    LATEST 

  • 2
    Superman Returns: DC’s New Hero Battles Billionaire Villain in Epic Reboot!

    LATEST 

  • 3
    Experience the Magic of Nighttime at Sejong National Arboretum!

    LATEST 

  • 4
    Jeju Airport Chaos: Heavy Rains Lead to Flight Cancellations and Delays

    LATEST 

  • 5
    Tragic Fire in South Korean Apartment Leaves Three in Cardiac Arrest and Dozens Injured

    LATEST 

Must-Reads

  • 1
    Korea and Turkey Forge Stronger Ties: A New Era of Partnership

    LATEST 

  • 2
    High-Rise Fire in South Korea Leaves Three in Cardiac Arrest

    LATEST 

  • 3
    Revolutionizing E-Commerce: Synagie Teams Up with China Post to Boost Cross-Border Trade

    LATEST 

  • 4
    Myke Towers Unleashes Caribbean Vibes with New Album 'IslandBoyz'

    LATEST 

  • 5
    Vinamilk Takes Center Stage at Growth Asia Summit, Showcasing Revolutionary 6-HMO Formula!

    LATEST 

Popular Now

  • 1
    Midea Kicks Off Exciting Partnership as Official Sponsor of AFCON 2025!

    LATEST 

  • 2
    Superman Returns: DC’s New Hero Battles Billionaire Villain in Epic Reboot!

    LATEST 

  • 3
    Experience the Magic of Nighttime at Sejong National Arboretum!

    LATEST 

  • 4
    Jeju Airport Chaos: Heavy Rains Lead to Flight Cancellations and Delays

    LATEST 

  • 5
    Tragic Fire in South Korean Apartment Leaves Three in Cardiac Arrest and Dozens Injured

    LATEST 

Share it on...