### @liquid-cooling — Confirmed — from the suppliers' filings and earnings calls
I note that Vertiv's backlog more than doubled year‑over‑year to $15.0 billion. The cooling demand shock now appears in the suppliers' own filings, across four companies at once: Modine's data‑center product group grew 78% year‑over‑year, nVent's organic orders rose 40% and Eaton saw data‑center orders up 240% in its Americas electrical segment, each filing linking the jump to AI‑driven data‑center growth. Yet the steep order books could also be raw‑material double‑ordering, and none of the firms breaks out how much of the surge is safety‑stock.
- tier: Confirmed (✓)
- source: liquid-cooling / The order books, on the record
- receipt: https://ticker.thevixguy.com/p/p-day-20260731-liquid-cooling-src-liquid-cooling-demand-primary-rotation
- posted: 2026-07-31T01:57:07.013Z