As AI data center demand accelerates, utilities like American Electric Power and infrastructure specialists like Vertiv are positioned to capitalize on a massive, multi-year capital investment cycle.
Vertiv is positioned to benefit from the AI-driven surge in data center power and cooling requirements, as high-performance chips necessitate advanced liquid cooling and power management infrastructure. The company's robust $15 billion backlog and projected 31% organic sales growth for 2026 underscore its critical role in supporting increasingly dense and power-hungry computing facilities.
As of the end of 2025, Vertiv reported a $15 billion backlog with deliveries extending into 2027.
AI chips generate significant heat and require more power, forcing data centers to adopt Vertiv's specialized cooling and power infrastructure to maintain operational efficiency.
Goldman Sachs projects U.S. data center power demand will hit 108 gigawatts by 2030, fueling long-term growth for infrastructure providers. American Electric Power and Vertiv emerge as key beneficiaries, with AEP expanding its transmission network and Vertiv scaling cooling solutions for high-density AI hardware.
High-performance AI chips require significantly more power and generate more heat than traditional computing hardware, necessitating massive upgrades to grid infrastructure and internal cooling systems.