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FrontRow · Jul 30, 2026

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Vertiv CEO Gio Albertazzi dismissed concerns about the company's latest earnings report. "This is a temporary issue," Albertazzi said on CNBC's "Mad Money." "Nothing has changed in the long term of our trajectory." Vertiv builds the power and cooling systems that keep large data centers, communication networks, and industrial plants running. Its central role in the AI buildout made the stock one of Wall Street's biggest winners, with shares gaining roughly 42% in 2025 and another 27% in 2026, despite its post-earnings decline. But even before Wednesday's 17% plunge, Vertiv and other AI infrastructure suppliers had come under pressure in recent weeks as investors questioned the pace of AI spending and rotated into other areas of the market. Albertazzi said the effects of those timing issues should prove short-lived. He noted the company raised its full-year guidance as the delayed projects move forward, additional manufacturing capacity comes online, and the company's backlog continues to build.

Vertiv CEO Gio Albertazzi dismissed concerns about the company's latest earnings report. "This is a temporary issue," Albertazzi said on CNBC's "Mad Money." "Nothing has changed in the long term of our trajectory." Vertiv builds the power and cooling systems that keep large data centers, communication networks, and industrial plants running. Its central role in the AI buildout made the stock one of Wall Street's biggest winners, with shares gaining roughly 42% in 2025 and another 27% in 2026, despite its post-earnings decline. But even before Wednesday's 17% plunge, Vertiv and other AI infrastructure suppliers had come under pressure in recent weeks as investors questioned the pace of AI spending and rotated into other areas of the market. Albertazzi said the effects of those timing issues should prove short-lived. He noted the company raised its full-year guidance as the delayed projects move forward, additional manufacturing capacity comes online, and the company's backlog continues to build.

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