DeepSeek is actually boosting AI demand, Vertiv CEO says
Vertiv Holdings (VRT), a data center hardware maker, stock is in focus after the company reported quarterly results on Wednesday. Vertiv CEO Giordano Albertazzi joins Market Domination with Julie Hyman and Josh Lipton to discuss the state of the artificial intelligence (AI) market after Chinese AI start-up DeepSeek raised concerns about AI competition. The CEO explains his view that there's plenty of AI demand to go around: "We believe that if anything, this DeepSeek and everything that is the discussion around that highlights the fact that, if anything, productivity is going to be injected in the whole process." "We've been in this industry for decades, and productivity and efficiency have been a constant. So, this is no surprise," the CEO tells Yahoo Finance, adding, "If anything, this may make it more accessible and, with that, accelerate the demand." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.