Data Center Cooling Stocks Plummet: The Power of Huang Renxun's One Sentence

Modin Manufacturing dropped over 13%, Johnson Controls and Trane Technologies fell over 7%, and Vertiv Technology dropped over 3%.

What happened? At CES, Huang Renxun said: The new Rubin chip servers can be cooled by temperature, eliminating the need for water cooling systems.

One sentence wiped out the valuation premium of data center cooling stocks.

This is NVIDIA's influence in the AI ecosystem — it can define what is valuable and what is not.