VERTIV RAISES FULL-YEAR SALES GUIDANCE ON AI DEMAND

Vertiv ($VRT) posted third-quarter net sales of $4.31 billion, up 61% from a year earlier, as data center operators keep expanding power and cooling capacity for AI workloads. The company raised its full-year 2026 sales guidance to a midpoint of $14.65 billion, saying demand keeps outrunning its own forecasts. The AI data center buildout is still accelerating faster than Wall Street expected.