Here's Why AI Data Center Infrastructure Stock, Vertiv, Shot Higher Today
Key takeaways
- That's great news for companies like Vertiv (NYSE: VRT), whose power systems infrastructure technology lies at the heart of the data center buildout.
- The spending is driven by the corporate sector, which accounts for the bulk of it.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Lee Samaha, The Motley Fool Tue, June 30, 2026 at 11:43 PM GMT+7 2 min read VRT 000660.KS 005930.KS 035420.KS Just when you thought the Semiconductor/AI data center capital spending boom was slowing down, the South Korean government just announced a government/corporate plan to invest more than $1 trillion in semiconductor fabrication plants and AI data centers. That's great news for companies like Vertiv (NYSE: VRT), whose power systems infrastructure technology lies at the heart of the data center buildout. The news was enough to send Vertiv stock 7% higher by midday today.
The spending is driven by the corporate sector, which accounts for the bulk of it. Samsung and SK Hynix will invest about $518 billion in new semiconductor fabrication plants, while SK Group (parent of SK Hynix), GS Group, and Naver will invest about $356 billion in AI data centers. It's the latter that will interest Vertiv investors, given its direct exposure to AI data center spending.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »