China’s Power and Cooling Firms Capitalize on Trillion-Dollar Data Center Boom

A known group of power and cooling equipment suppliers is profiting from the global data center construction boom. The surge in demand for equipment like transformers and advanced cooling systems is driven by energy-hungry data centers. McKinsey projects nearly $7 trillion in data center investments by 2030, with Nvidia expecting strong AI spending for years to come. Meeting the demand for data centers poses challenges as hyperscalers push for rapid facility delivery. Delays in grid connections, especially in emerging markets, can stretch up to 24 months, impacting the pace of construction. Wing Kin Cheung, CEO of BodaData, highlighted the industry’s…