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0.00053595103100053 0.00640320442300651 0.00826492905700828 0.0125948492285127 0.0213252094440213 0.0205638769005107 0.0185044145440185 0.0381512510225382
Stock impact report

Is Nvidia disrupting HVAC? Johnson Controls, Trane shares dip amid cooling shift [Yahoo! Finance]

Trane Technologies plc (TT) 
Company Research Source: Yahoo! Finance
significantly reduce cooling requirements in data centers, potentially impacting HVAC companies' future performance. The selloff extended to other major HVAC players, with Trane Technologies (NYSE:TT) dropping 3.5% and Carrier Global (NYSE:CARR) declining 1.6% as investors assessed the implications of Nvidia CEO Jensen Huang's comments at CES 2026. During his presentation, Huang highlighted that the new Vera Rubin platform of chips will have the same cooling needs as the Grace Blackwell chip despite substantial power increases, stating that "no water chillers are necessary for datacenters" due to liquid cooling innovations. Barclays analyst Julian Mitchell noted that these developments could particularly affect companies focused on space cooling, chillers, and air handling with minimal presence in liquid cooling. Johnson Controls , with data centers representing a low-double-digit percentage of total sales, appears most exposed among major HVAC providers. The analyst identifie Show less Read more
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