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Can AI Data Center Demand Drive nVent Electric's Growth in 2026?
Zacks Investment Research·
nVent Electric reported 53% sales growth in Q2 2026, driven by surging AI data center demand. The company raised its 2026 guidance to 37-39% sales growth and expects data center sales to exceed $2 billion. Strong demand for liquid cooling solutions prompted the company to announce a second facility (Blaine 2) opening in 2027. The company faces competition from Vertiv and Super Micro Computer in the AI infrastructure space.
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