CES Fallout: Nvidia's Cooling System Comments Send Chillers Stocks Plummeting
ByAinvest
Thursday, Jan 8, 2026 5:10 am ET1min read
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Nvidia's CEO Jensen Huang sparked concerns about the demand for cooling systems in data centers with his comments at CES. Shares of Modine Manufacturing, Johnson Controls, Trane Technologies, and Carrier Global fell as much as 21% and 6.2% on Tuesday. Huang announced Nvidia's new Rubin platform, which integrates chips, trays, racks, and more, and features a 100% liquid-cooled system. This has raised questions about the future of chillers in data centers and the demand for cooling systems.
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