Vertiv and Seagate Technology plan new AI infrastructure capacity in Malaysia, driven by global AI demand.

The entities involved

• Vertiv →

  Multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments

  • Vertiv is expanding its manufacturing campus in Nové Mesto, Slovakia, with Paul Ryan leading EMEA operations.Mon 12:00
  • MarketBeat lists several companies, including Nokia, IBM, Astera Labs, Marvell Technology, and Vertiv, as infrastructure stocks to watch today.Mon 01:04
• Seagate Technology →

  American data storage company

  • Seagate Technology listed on the Nasdaq stock exchange and filed required reports with the SEC.Mon 03:40
  • Seagate Technology is listed on Nasdaq, and Morgan Stanley raised its target price for the company.Sun 23:12
• Malaysia →

  country in Southeast Asia

  • Geographical facts confirm that Kuala Lumpur is the capital of Malaysia and Peninsular Malaysia is a portion of Malaysia.Mon 17:20
  • MIFF is based in Kuala Lumpur.Mon 12:03

Related events

• Bitdeer AI is expanding its high-density AI infrastructure in Malaysia.Aug 31
• The global AI boom is driving demand for AI infrastructure, prompting companies to shift production away from China.Aug 28
• AI integration is accelerating upstream investment opportunities in Malaysia's energy sector.Sep 6
• Arista Networks and Vertiv are both benefiting from the increasing demand cycle for AI infrastructure.Sep 13
• Exploding AI server demand is driving market growth, necessitating faster delivery and logistics across Europe and Malaysia.Jun 8