HVAC Firm Raises 2026 Guidance on Record AI Data Center Cooling Orders
Shares of the specialist HVAC firm climbed sharply after the company reported record orders for cooling systems used in AI data centers and raised its 2026 revenue guidance. The order backlog hit an all-time high, prompting plans to expand production footprint in response to infrastructure spending increases.
1. Record Orders Drive Guidance Raise
The HVAC firm disclosed record bookings for its high-capacity cooling units tailored for AI data centers, attributing the surge to rapid expansion of server farms by hyperscalers. It raised full-year revenue guidance citing strong backlog and announced plans for a new manufacturing line to meet accelerating demand.
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