<p>人工智能（AI）股票在今年再次表现出色，因为对这项技术的重度投资没有降温的迹象。这并不令人惊讶，因为看起来每个人都想分享这项技术所带来的生产力和效率提升。</p>
<p>毫不奇怪，像 <strong>Nvidia</strong> 和 <strong>Palantir Technologies</strong> 这样的 AI 巨头的股票在最近几个月表现良好。Nvidia 的股价在过去六个月中上涨了 62%，因为对帮助 AI 模型训练和推理的数据中心 AI 芯片的需求依然强劲。与此同时，Palantir 的股价在过去六个月中翻了一番，得益于公司因其生成式 AI 软件平台的快速增长而加速的发展。</p>
<p>然而，这两家公司的回报被一个规模更小的参与者 <strong>Vertiv Holdings</strong>（VRT 2.95%）所掩盖，该公司在短短六个月内上涨了令人印象深刻的 152%。让我们看看为什么 Vertiv 的股票在最近几个月超越了 Nvidia 和 Palantir，并检查它是否仍然值得购买。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mzc2NDgvcm9ja2V0LXRha2luZy1vZmYtY2xvdWQuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mzc2NDgvcm9ja2V0LXRha2luZy1vZmYtY2xvdWQuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images</p>
<h2>Vertiv 快速改善的订单簿指向光明的未来</h2>
<p>Vertiv 设计、制造和销售电源管理系统、热管理系统、数据中心机架和机柜，以及其他帮助数据中心和通信网络可靠运行的软件和服务。由于高性能计算和 AI 工作负载在数据中心中带来的复杂工作负载和高功率需求，该公司的产品现在需求旺盛。</p>
<p>例如，<strong>CoreWeave</strong>，一家快速增长的云基础设施提供商，正在与 CoreWeave 合作，在线推出专用的 AI 数据中心。CoreWeave 最近在其 Nvidia GB300 NVL72 机架规模系统中使用了 Vertiv 的冷却分配单元，后者还将提供建模和热模拟解决方案，以确保操作的可靠性。</p>
<p>与 CoreWeave 等公司的合作解释了为什么 Vertiv 的增长正在加速。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/715d03b2c5799641483189e3556fd1ca.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/715d03b2c5799641483189e3556fd1ca.png"/></p>
<p>数据来源：YCharts。</p>
<p>该公司在 2025 年上半年的收入同比增长 30%，达到 46.7 亿美元。这表明 Vertiv 今年有望实现显著更强的增长，因为它在 2024 年实现了收入增长 16%，超过 80 亿美元。具体而言，Vertiv 预计 2025 年的有机销售增长为 24%。</p>
<p>值得注意的是，Vertiv 最近以 2 亿美元收购了数据机架和机柜供应商 Great Lakes，以增强其在 AI 数据中心市场的地位。考虑到 Vertiv 收到的订单速度快于其履行能力，这是一项明智的举措。</p>
<p>这一点在该公司第二季度的账单比率为 1.2 中得到了体现。该公司在第二季度收到的订单超过 30 亿美元，这促使其上调了全年展望。另一个值得注意的事情是，尽管面临关税相关的逆风，Vertiv 的非 GAAP 收益在第二季度同比增长了 42%。</p>
<p>好消息是，Vertiv 可以在很长一段时间内维持如此健康的增长率。这是因为根据 <strong>高盛</strong> 的预测，数据中心的 AI 驱动电力需求预计到 2030 年将增长 165%。数据中心电力消耗的这一巨大增长将由扩展容量以满足 AI 工作负载所驱动。</p>
<p>根据麦肯锡的预测，在中等情景下，数据中心的容量可能在 2023 年至 2030 年间增长 4 倍，达到 219 吉瓦（GW）。即便如此，到本世纪末，数据中心的容量仍可能不足以满足 AI 驱动的需求。随着更多 AI 数据中心的建设，对 Vertiv 的冷却、电源管理和数据中心机架解决方案的需求应该会增加。</p>
<p>这些因素应该使公司在长期内维持强劲的收益增长水平。这正是分析师所预测的。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/31d0d29c66237d4a86722f2ee1cf895d.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/31d0d29c66237d4a86722f2ee1cf895d.png"/></p>
<p>数据来源：YCharts。</p>
<h2>股票仍以吸引人的估值交易</h2>
<p>尽管 Vertiv 的股票在过去六个月中大幅上涨，但其前瞻性市盈率为 34 倍。这低于美国科技行业平均市盈率 52 倍。考虑到其收益增长的惊人速度，以这个估值购买 Vertiv 似乎是明智之举。</p>
<p>此外，根据 Yahoo! Finance 的数据，该股票的市盈率与增长比（PEG 比率）为 0.91，基于其未来五年可能实现的年收益增长。PEG 比率是一个前瞻性的估值指标，低于 1 的读数意味着该股票相对于其收益增长潜力被低估。</p>
<p>因此，即使在最近取得惊人收益之后，购买这只 AI 股票也是个好主意，因为它有能力继续上涨。</p>

<p>人工智能（AI）股票表现强劲，Vertiv Holdings 超越了巨头 Nvidia 和 Palantir。Vertiv 的股票在六个月内飙升了 152%，这得益于其在 AI 数据中心的电源管理系统的高需求。该公司在 2025 年上半年报告收入增长 30%，达到 46.7 亿美元，并预计有 24% 的有机销售增长。尽管其快速上涨，Vertiv 的股票交易在未来收益的 34 倍，低于科技行业的平均水平，使其成为一个有吸引力的投资机会</p>

<p>Artificial intelligence (AI) stocks are having another stellar year, as the heavy spending on this technology is showing no signs of cooling down. That's not surprising, since it looks like everyone wants to get a piece of the productivity and efficiency gains that this technology can deliver.</p>
<div class="lb-trans"><p>人工智能（AI）股票在今年再次表现出色，因为对这项技术的重度投资没有降温的迹象。这并不令人惊讶，因为看起来每个人都想分享这项技术所带来的生产力和效率提升。</p>
</div><p>Not surprisingly, shares of AI stalwarts such as <strong>Nvidia</strong> and <strong>Palantir Technologies</strong> have been in fine form in recent months. Nvidia's stock price has jumped 62% in the past six months as the appetite for AI chips that aid in AI model training and inference in data centers remains solid. Meanwhile, Palantir's stock price has doubled in the past six months, driven by an acceleration in the company's growth on account of the rapidly growing demand for its generative AI software platform.</p>
<div class="lb-trans"><p>毫不奇怪，像 <strong>Nvidia</strong> 和 <strong>Palantir Technologies</strong> 这样的 AI 巨头的股票在最近几个月表现良好。Nvidia 的股价在过去六个月中上涨了 62%，因为对帮助 AI 模型训练和推理的数据中心 AI 芯片的需求依然强劲。与此同时，Palantir 的股价在过去六个月中翻了一番，得益于公司因其生成式 AI 软件平台的快速增长而加速的发展。</p>
</div><p>However, the returns of both these companies are overshadowed by a much smaller player, <strong>Vertiv Holdings</strong>(VRT 2.95%), which gained an impressive 152% in just six months. Let's see why Vertiv stock has crushed both Nvidia and Palantir in recent months, and check if it is still worth buying.</p>
<div class="lb-trans"><p>然而，这两家公司的回报被一个规模更小的参与者 <strong>Vertiv Holdings</strong>（VRT 2.95%）所掩盖，该公司在短短六个月内上涨了令人印象深刻的 152%。让我们看看为什么 Vertiv 的股票在最近几个月超越了 Nvidia 和 Palantir，并检查它是否仍然值得购买。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mzc2NDgvcm9ja2V0LXRha2luZy1vZmYtY2xvdWQuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F837648%2Frocket-taking-off-cloud.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images</p>
<div class="lb-trans"><p>图片来源：Getty Images</p>
</div><h2>Vertiv's fast-improving order book points toward a bright future</h2>
<div class="lb-trans"><h2>Vertiv 快速改善的订单簿指向光明的未来</h2>
</div><p>Vertiv designs, manufactures, and sells power management systems, thermal management systems, data center racks and enclosures, and other software and services that help data centers and communications networks operate reliably. The company's offerings are now in high demand thanks to the complex workloads and high power demand in data centers running high-performance computing and AI workloads.</p>
<div class="lb-trans"><p>Vertiv 设计、制造和销售电源管理系统、热管理系统、数据中心机架和机柜，以及其他帮助数据中心和通信网络可靠运行的软件和服务。由于高性能计算和 AI 工作负载在数据中心中带来的复杂工作负载和高功率需求，该公司的产品现在需求旺盛。</p>
</div><p>For instance, <strong>CoreWeave</strong>, a fast-growing cloud infrastructure provider, has been partnering with CoreWeave to bring online dedicated AI data centers. CoreWeave recently used Vertiv's cooling distribution units in its Nvidia GB300 NVL72 rack scale system, and the latter will also provide modeling and thermal simulation solutions to ensure operational reliability.</p>
<div class="lb-trans"><p>例如，<strong>CoreWeave</strong>，一家快速增长的云基础设施提供商，正在与 CoreWeave 合作，在线推出专用的 AI 数据中心。CoreWeave 最近在其 Nvidia GB300 NVL72 机架规模系统中使用了 Vertiv 的冷却分配单元，后者还将提供建模和热模拟解决方案，以确保操作的可靠性。</p>
</div><p>Partnerships with the likes of CoreWeave explain why Vertiv's growth is now accelerating.</p>
<div class="lb-trans"><p>与 CoreWeave 等公司的合作解释了为什么 Vertiv 的增长正在加速。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/715d03b2c5799641483189e3556fd1ca.png" alt="" original-src="https://media.ycharts.com/charts/715d03b2c5799641483189e3556fd1ca.png"/></p>
<p>Data by YCharts.</p>
<div class="lb-trans"><p>数据来源：YCharts。</p>
</div><p>The company's revenue in the first six months of 2025 increased by 30% from the same period last year to $4.67 billion. This shows that Vertiv is on track to deliver significantly stronger growth this year as it delivered a 16% jump in its revenue in 2024 to just over $8 billion. Specifically, Vertiv is projecting organic sales growth of 24% in 2025.</p>
<div class="lb-trans"><p>该公司在 2025 年上半年的收入同比增长 30%，达到 46.7 亿美元。这表明 Vertiv 今年有望实现显著更强的增长，因为它在 2024 年实现了收入增长 16%，超过 80 亿美元。具体而言，Vertiv 预计 2025 年的有机销售增长为 24%。</p>
</div><p>It is worth noting that Vertiv recently completed the acquisition of data racks and cabinets provider Great Lakes for $200 million to bolster its position in the AI data center market. That's a smart move considering that Vertiv has been receiving orders at a faster pace than it can fulfill them.</p>
<div class="lb-trans"><p>值得注意的是，Vertiv 最近以 2 亿美元收购了数据机架和机柜供应商 Great Lakes，以增强其在 AI 数据中心市场的地位。考虑到 Vertiv 收到的订单速度快于其履行能力，这是一项明智的举措。</p>
</div><p>This is evident from the company's book-to-bill ratio of 1.2 in Q2. The company received orders exceeding $3 billion in the second quarter, which encouraged it to raise its full-year outlook. Another thing worth noting is that Vertiv's non-GAAP earnings increased by 42% year over year in Q2 despite tariff-related headwinds.</p>
<div class="lb-trans"><p>这一点在该公司第二季度的账单比率为 1.2 中得到了体现。该公司在第二季度收到的订单超过 30 亿美元，这促使其上调了全年展望。另一个值得注意的事情是，尽管面临关税相关的逆风，Vertiv 的非 GAAP 收益在第二季度同比增长了 42%。</p>
</div><p>The good part is that Vertiv can sustain such healthy growth rates for a long time to come. That's because AI-fueled power demand in data centers is expected to grow by a whopping 165% by 2030, according to <strong>Goldman Sachs</strong>. This huge jump in data center power consumption will be driven by an expansion in capacity to meet AI workloads.</p>
<div class="lb-trans"><p>好消息是，Vertiv 可以在很长一段时间内维持如此健康的增长率。这是因为根据 <strong>高盛</strong> 的预测，数据中心的 AI 驱动电力需求预计到 2030 年将增长 165%。数据中心电力消耗的这一巨大增长将由扩展容量以满足 AI 工作负载所驱动。</p>
</div><p>According to McKinsey, data center capacity could jump by 4x between 2023 and 2030 to 219 gigawatts (GW) in a mid-range scenario. Even then, there's likely to be a deficit in data center capacity to meet AI-fueled demand by the end of the decade. As more AI data centers are built, the demand for Vertiv's cooling, power management, and data center rack solutions should increase.</p>
<div class="lb-trans"><p>根据麦肯锡的预测，在中等情景下，数据中心的容量可能在 2023 年至 2030 年间增长 4 倍，达到 219 吉瓦（GW）。即便如此，到本世纪末，数据中心的容量仍可能不足以满足 AI 驱动的需求。随着更多 AI 数据中心的建设，对 Vertiv 的冷却、电源管理和数据中心机架解决方案的需求应该会增加。</p>
</div><p>These factors should allow the company to sustain robust earnings growth levels in the long run. This is precisely what analysts are predicting.</p>
<div class="lb-trans"><p>这些因素应该使公司在长期内维持强劲的收益增长水平。这正是分析师所预测的。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/31d0d29c66237d4a86722f2ee1cf895d.png" alt="" original-src="https://media.ycharts.com/charts/31d0d29c66237d4a86722f2ee1cf895d.png"/></p>
<p>Data by YCharts.</p>
<div class="lb-trans"><p>数据来源：YCharts。</p>
</div><h2>The stock is still trading at an attractive valuation</h2>
<div class="lb-trans"><h2>股票仍以吸引人的估值交易</h2>
</div><p>Even though Vertiv stock has shot up phenomenally in the past six months, it can be bought at 34 times forward earnings. That's lower than the U.S. technology sector's average price-to-earnings ratio of 52. Buying Vertiv at this valuation looks like the smart thing to do, considering the terrific pace at which its earnings have been growing.</p>
<div class="lb-trans"><p>尽管 Vertiv 的股票在过去六个月中大幅上涨，但其前瞻性市盈率为 34 倍。这低于美国科技行业平均市盈率 52 倍。考虑到其收益增长的惊人速度，以这个估值购买 Vertiv 似乎是明智之举。</p>
</div><p>In addition, the stock has a price/earnings-to-growth ratio (PEG ratio) of 0.91 based on the potential annual earnings growth it can deliver for the next five years, according to Yahoo! Finance. The PEG ratio is a forward-looking valuation metric, and a reading of less than 1 means that the stock is undervalued with respect to its earnings growth potential.</p>
<div class="lb-trans"><p>此外，根据 Yahoo! Finance 的数据，该股票的市盈率与增长比（PEG 比率）为 0.91，基于其未来五年可能实现的年收益增长。PEG 比率是一个前瞻性的估值指标，低于 1 的读数意味着该股票相对于其收益增长潜力被低估。</p>
</div><p>That's why it would be a good idea to buy this AI stock even after the stunning gains that it has delivered of late since it has the ability to fly higher.</p>
<div class="lb-trans"><p>因此，即使在最近取得惊人收益之后，购买这只 AI 股票也是个好主意，因为它有能力继续上涨。</p>
</div>

Meet the Monster Artificial Intelligence (AI) Stock That's Crushing Both Nvidia and Palantir

- 人工智能股票持续强劲增长，Nvidia 和 Palantir 股价显著上涨。  
- Vertiv Holdings 股价在六个月内上涨 152%，受益于数据中心需求激增。  
- Vertiv 预计 2025 年有 24% 的有机销售增长，估值仍具吸引力。

认识这只正在超越英伟达和 Palantir 的强大人工智能股票