Cooling News & Analysis
2 articles
Market Mood
LG Electronics Aims for Liquid Cooling in AI Data Centers
LG Electronics plans to expand its liquid cooling technology for artificial intelligence (AI) data centers. This initiative aligns with the company's strategy to enhance energy efficiency amidst rising data center power consumption. The focus on liquid cooling comes as data centers increasingly seek solutions to manage heat effectively. Investors should pay attention to LG Electronics' (not listed) approach as it indicates a trend in advanced cooling solutions, potentially affecting future market competitiveness in the tech sector.
Read More: LG Electronics Aims for Liquid Cooling in AI Data Centers
Vertiv Holdings (VRT) Q1 Revenue Grows 30% to $2.65 Billion
Vertiv Holdings (VRT) reported a Q1 revenue increase of 30% year over year, reaching $2.65 billion. The company's growth is driven by demand from AI data center owners requiring efficient power and cooling solutions. Vertiv is guiding for comparable sales growth throughout the year and is positioned to benefit from a 12% annual growth rate in the data center cooling market through 2035. Additionally, partnerships, including one with Nvidia, focus on developing efficient 800-volt DC platforms and liquid-cooling technology, which further enhances their market potential.
Read More: Vertiv Holdings (VRT) Q1 Revenue Grows 30% to $2.65 Billion