ReutersReuters

Vertiv rises on collaboration with Nvidia, hits record high

RefinitivLess than 1 min read

** Shares of data center equipment provider Vertiv Holdings VRT up 7.09% at $181

** Earlier in session, co's shares hit a record high of $184.36

** Co collaborates with NVIDIA NVDA to advance 800 VDC power infrastructure for future AI factories

** The 800 VDC platform is expected to launch in H2 2026, supporting NVIDIA's Rubin Ultra platforms in 2027

** Co also names Craig Chamberlin as chief financial officer and EVP, effective November 10

** YTD, the stock has risen ~58%, including session's moves

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