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AI Spending Splurge Boosts Danfoss’s Bet on Data Center Cooling

Key Points

Danfoss A/S expects its data-center business to at least double its share of the firm’s sales this year as the artificial-intelligence boom drives spending on the cooling equipment needed to run increasingly powerful chips.

Danfoss A/S expects its data-center business to at least double its share of the firm’s sales this year as the artificial-intelligence boom drives spending on the cooling equipment needed to run increasingly powerful chips.
Originally published by Bloomberg Technology Read original →