Overview
- At CES, Jensen Huang said the Vera Rubin platform is in full production and can run on roughly 45°C water without traditional data‑center water chillers.
- Johnson Controls fell 7.5% to $112.40 and Trane Technologies dropped 5.3% to $370.40, with both hitting multi‑month lows, while Carrier Global slipped 1.1%.
- Modine Manufacturing swung as much as 21% intraday before closing about 7.5% lower as investors reassessed demand for chiller‑centric systems.
- Barclays urged investors not to dismiss Nvidia’s comments and noted data centers are a low‑double‑digit share of Johnson Controls’ sales and about 10% and 5% for Trane and Carrier, respectively.
- Analysts highlighted potential beneficiaries of a liquid‑cooling shift, citing nVent’s positioning and Vertiv’s strength in liquid solutions, with nVent edging higher and Vertiv slipping on the day; Nvidia shares closed nearly 0.5% lower.