Vertiv Holdings defended at UBS after Amazon cooling headlines spur sell-off

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Shot of Data Center With Multiple Rows of Fully Operational Server Racks. Modern Telecommunications, Artificial Intelligence,server room,3d rendering

Shares of Vertiv Holdings (NYSE:VRT) tumbled as much as 14% on Thursday, diverging sharply from the broader industrial sector (XLI), after media reports suggested that Amazon (NASDAQ:AMZN) had launched a competing liquid cooling solution for AI servers.

However, UBS analyst Amit

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Vertiv Holdings defended at UBS after Amazon cooling headlines spur sell-off

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