Forget hyperscalers, these stocks are the new AI plays
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Caterpillar, Eaton, and Vertiv are emerging as key players in the AI infrastructure sector, showcasing significant revenue growth and strong backlogs. Caterpillar's Power Generation revenue surged 41% YoY, Eaton's Electrical Americas hit a record $3.51B, and Vertiv's revenue jumped 30% YoY. Despite their impressive results, these companies remain under the radar compared to popular AI chip stocks, presenting a potential opportunity for investors focused on the AI buildout.
Source: MSN The copyright of this article belongs to the original author/organization.
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