<div id="readability-page-1"><p>Shares in data center equipment company and <strong>Nvidia</strong> partner <strong>Vertiv Holdings</strong> <span>(VRT<span> 0.66%</span>)</span> rose by 13.4% in July, according to data provided by S&amp;P Global Market Intelligence. The move comes in a month when the company released an excellent set of second-quarter earnings, raised full-year guidance across the board, and confirmed that the artificial intelligence (AI)/data center capital spending market has a long pathway of growth ahead.</p> <h2>Vertiv's hot second quarter</h2> <p>Earlier in the year, the market had, understandably, been concerned that the data center infrastructure stocks had gotten ahead of events. A combination of trade tariff uncertainty, power generation concerns, the regulatory environment in Europe, and the usual concerns over a hot market overheating led to the sell-off in the stock.</p>  <p>Despite the rise since then, the concerns still linger, not least as companies like Nvidia face controls on what technology they can sell to China. Fast-forward to the latest results from Vertiv, and it's clear that there's no sign of any slowdown in the market. Vertiv's trailing-12-month orders rose 11% compared to the same period a year ago.  Moreover, its European orders pipeline (the company's weak spot in the fourth quarter of 2024) is growing sequentially, &#34;providing optimism for 2026 and beyond,&#34; according to CEO Giordano Albertazzi on the earnings call. </p> <p>Turning to the guidance hike, tariffs are hurting margins, but that's more than made up for by stronger-than-expected revenue growth. For example, management increased the midpoint of its full-year net sales guidance to $10 billion compared to $9.45 billion previously. However, management lowered the midpoint of its full-year adjusted operating profit guidance to 20% from 20.5% previously.  The end result is that adjusted operating profit guidance was increased to $1.99 billion from $1.935 billion previously.</p> <div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjg0MzcvZ2V0dHlpbWFnZXMtMTM2ODM1Mjc3NS0xMjAweDgwNy0xZTc5MTdjLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="700" height="471" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjg0MzcvZ2V0dHlpbWFnZXMtMTM2ODM1Mjc3NS0xMjAweDgwNy0xZTc5MTdjLmpwZyZ3PTcwMA"/></p><p>Image source: Getty Images.</p> </div> <h2>Vertiv isn't standing still</h2> <p>The good news is the company continues to invest in its future. That's pretty much what you might expect with David Cote (a 15-year CEO of <strong>Honeywell</strong>, responsible for its growth transformation) as chairman. Not only is Vertiv increasing its investment in research and development, but it's also acquiring Great Lakes Data Racks &amp; Cabinets, a data center rack enclosure business, for $200 million, further enhancing its strength in power and cooling systems.</p> <p>In addition, it is a key partner of Nvidia in developing the architecture for the next generation of data centers (800V HVDC), set to hit the market in 2027. The future remains bright for Vertiv.</p>                                                                            </div>

NVDA

<p>Shares of Vertiv Holdings surged 13.4% in July following strong second-quarter earnings and an optimistic full-year guidance increase. The company reported an 11% rise in trailing-12-month orders and is investing in future growth, including a $200 million acquisition of Great Lakes Data Racks & Cabinets. Despite concerns over tariffs affecting margins, revenue growth has exceeded expectations, prompting an increase in net sales guidance to $10 billion. Vertiv remains a key partner of Nvidia in developing next-generation data center architecture, indicating a positive outlook for the company.</p>

- Vertiv Holdings' shares rose by 13.4% in July following strong second-quarter earnings and an optimistic outlook for AI and data center capital spending.  
- Despite previous market concerns regarding trade tariffs and regulatory issues, Vertiv reported an 11% increase in trailing-12-month orders and raised its full-year net sales guidance to $10 billion.  
- The company is also investing in future growth through R&D and acquiring Great Lakes Data Racks & Cabinets, while partnering with Nvidia on next-generation data center architecture.

Here's Why This Nvidia Partner's Stock Soared in July