[AI server liquid cooling orders are booming and many companies are expanding production] September 28th, orders are scheduled until 2027, revenue growth exceeds 400%, and production capacity cannot keep up with delivery... This is not the story of a major Internet company, but the year 2026 of the liquid cooling industry. Driven by the surge in demand for AI computing power, liquid cooling is undergoing a transition from "supporting role" to "infrastructure". The upstream and downstream orders in the industry chain are increasing, companies are expanding production, and new players are influxing - this "cold" business ignited by the demand for intelligent computing is becoming "hot" like never before. However, many interviewees said that there are currently many players in the liquid cooling industry, competition is fierce, there are still differences in technical routes, and manufacturing processes are continuing to be iteratively upgraded. In this competition, only companies that have entered the core supply chains of domestic and foreign giants, mastered core processes, and maintained the ability to continuously iterate can truly transcend the cycle and enjoy dividends. (Shanghai Securities News)