Lates News

CITIC Securities research report states that AI computing power has officially entered the "all-liquid cooling" era, with liquid cooling upgraded from an "optional configuration" to "rigid infrastructure." Led by Nvidia's Rubin, mainstream platforms including Google TPU v7/v8, AMD Helios, and ByteDance AI Rack 3.0 are collectively switching from "high-proportion liquid cooling/hybrid air-liquid cooling" to 100% all-liquid cooling with zero-fan architecture; combined with tight overseas local production capacity, domestic manufacturers' overseas expansion and volume ramp-up, and the concentrated implementation of national standards, 2026 is expected to become a pivotal year for order-to-earnings realization in the liquid cooling supply chain.