AI Data Center Demand Hits Fever Pitch — Vertiv, Amphenol, Jensen Huang
Vertiv's organic orders doubled YoY and Amphenol posted 65% revenue growth as AI data center buildout accelerates; Jensen Huang says software optimization could double revenue on existing GPU infrastructure.
What we know
Vertiv ($VRT) reported organic orders up more than 100% in Q3 YoY, with revenue of $4.31B (+61%) massively beating expectations of $3.75B: An account on X. Amphenol ($APH) posted net sales of $10.2B (+65% YoY) vs $9.46B estimate, with a book-to-bill ratio of 1.19 signaling strong forward demand, and announced a new $4B buyback: Another account on X. Jensen Huang commented that software optimization alone can double or triple model speeds on existing GPUs, effectively doubling revenues: Another account on X. Anthropic's compute efficiency also highlighted — revenue per $1 of compute rose from $0.40 to $2.08 in five quarters.
How the story developed
Vertiv's organic orders doubled YoY and Amphenol posted 65% revenue growth as AI data center buildout accelerates; Jensen Huang says software optimization could double revenue on existing GPU infrastructure.
Vertiv delivered a blowout quarter with revenue +61% YoY and 100%+ organic order growth, raising full-year guidance well above estimates. Other names like Seagate and F5 sold off despite beats due to decelerating growth outlooks.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.