$Vertiv Holdings (VRT.US)$ Vertiv's CEO Giordano Albertazzi ...

$Vertiv Holdings (VRT.US)$ Vertiv's CEO Giordano Albertazzi said, “Vertiv's strong momentum in 2023 continued until the first quarter of 2024. This was driven by strong order sales, which surpassed our expectations by 60%, and reflects increased pipeline speed and accelerated AI-driven demand.” “Mainly from 2025 onwards, we have seen order patterns with longer lead times based on customer manufacturing schedules, which suggests that AI is beginning to scale. AI is still in its early stages, but it's quickly becoming a topic that has penetrated our entire end market.