AWS just crushed Vertiv? Stock tanks over 6% after Amazon’s bold cooling move

Vertiv Holdings stock declined following Amazon Web Services' announcement. AWS introduced its cooling hardware for Nvidia's AI chips. This move challenges Vertiv's liquid cooling solutions for data centers. Analysts express concern about Vertiv's growth. AWS's new In-Row Heat Exchanger system cools high-performance AI chips. The system was developed with Nvidia in just 11 months. It combines liquid and air-based cooling.