The post Vertiv (VRT) Stock Soars to New Peaks Amid AI Infrastructure Boom appeared on BitcoinEthereumNews.com.
Key Highlights First-quarter 2026 revenues reached $2.65 billion, representing a 30.1% annual increase and surpassing analyst projections Earnings per share of $1.17 on an adjusted basis significantly exceeded the $1.00 consensus forecast Shares have climbed 115% since the start of the year, trading at $340.02 and approaching the 52-week peak of $359.84 Wall Street sentiment remains positive with 21 of 26 analysts maintaining Buy recommendations, despite average targets trailing current valuations Management upgraded annual EPS projections to a range of $6.30–$6.40 while setting second-quarter outlook at $1.37–$1.43 Vertiv (VRT) shares are hovering near record territory following exceptional first-quarter results driven by accelerating artificial intelligence infrastructure buildouts. Vertiv Holdings Co, VRT The infrastructure solutions provider delivered first-quarter revenu
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
SANTA CLARA, Calif. and CORNING, N.Y., May 7, 2026 — NVIDIA and Corning Incorporated have announced a multiyear commercial and technology partnership to dramatically expand U.S.-based manufacturing of the advanced optical […]
The post NVIDIA and Corning Announce Long-Term Partnership to Strengthen US Manufacturing for AI Infrastructure appeared first on AIwire.
Insider Brief Nyobolt has raised $60 million in series C funding to expand its ultra-fast charging and high-power battery systems for autonomous robots and AI infrastructure, with valuation topping $1 billion. The funding round was led by Symbotic, with participation from IQ Capital, Latitude, Scania Invest and CBMM. The company said revenue increased fivefold year […]
Featherless.ai, a platform for deploying open-source AI models, has raised $20 million in Series A funding co-led by AMD Ventures and Airbus Ventures, with participation from BMW i Ventures, Kickstart Ventures, Panache Ventures, and Wavemaker Ventures. The company supports over 30,000 open models across language, vision, and audio, positioning itself as a hardware-neutral alternative to […]
Google plans to invest up to $40 billion in Anthropic, Bloomberg reported, with an initial $10 billion commitment at a $350 billion valuation and a further $30 billion contingent on performance targets. The deal expands an existing infrastructure relationship, with Google Cloud now providing Anthropic with a fresh five gigawatts of computing capacity over five […]
A total of 37 companies joined The Crunchbase Unicorn Board in March, the highest monthly count in close to four years, Crunchbase data shows. The robotics sector led unicorn creation last month, with six new billion-dollar startups.
