Three stocks poised to benefit from 800VDC AI data centers

Explosive growth in artificial intelligence is prompting a redesign of data-center power and cooling. Nvidia’s work on ultra-dense GPU systems is driving a move from roughly 72-GPU racks toward architectures that support 576 GPUs and deliver 800 volts of direct current (VDC) from centralized power centers. Barclays analyst Julian Mitchell identified that structural change as a catalyst for suppliers of power conversion, distribution and thermal systems, with commercial deployments expected to begin in 2027.

Vertiv supplies on-site power conversion and distribution equipment that will convert grid alternating current into 800VDC and distribute it inside data centers. The company reported first-quarter sales of $2.65 billion, a 30% year-over-year increase, and adjusted operating margins of 20.8%, up 430 basis points. Management cited an order backlog near $13 billion and raised its full-year guidance, forecasting about 51% earnings growth. Scott Armul, Vertiv’s chief product officer, described a “steady” commercial ramp through 2027.

GE Vernova manufactures heavy electrical gear that connects utility grids to large data-center campuses. The unit reported first-quarter sales of $9.3 billion, up 16% year-over-year. Organic orders rose 71% to $18.3 billion, and total backlog reached $163 billion. Company leaders said orders are accumulating faster than shipments and they advanced a previously stated $200 billion backlog target to 2027.

nVent Electric has shifted its business mix toward electrical protection and advanced thermal-management systems for high-density facilities. The company reported first-quarter revenue of $1.24 billion, a 42% increase, led by a 76% rise in its Systems Protection segment. Backlog tripled to $2.6 billion in the quarter. Management raised full-year sales growth guidance to a 26%–28% range and increased capital spending by about 40% to expand capacity. Street analysts rate the shares a “Strong Buy,” with a mean price target near $193.

The technical change moves power conversion out of server racks into centralized power centers, which can reduce conversion losses and allow higher GPU counts per rack. That architecture also shifts where cooling and distribution equipment are installed, increasing demand for grid-level equipment, campus electrical gear and in-rack thermal solutions.

Order backlogs and raised guidance at the three companies reflect multi-year procurement tied to AI infrastructure buildouts and potential facility upgrades in 2027–2028. The figures provide visibility on near-term revenue as data-center operators plan for higher power densities and new cooling requirements.