Is nVent Electric (NVT) Undervalued On Its AMD AI Data Center Cooling Deal?

nVent Electric (NVT) just tightened its link to the AI data center buildout by partnering with AMD to supply rack-level cooling for the AMD Helios Rackscale solution and its AI hardware stack. The AMD collaboration lands after a sharp pullback in nVent Electric’s share price, which fell about 21.5% over the past month and 15.9% over 90 days, even though the year-to-date share price return is 19.5% and the 1-year total shareholder return is 27.5%. That mix of short-term weakness and strong...