nVent Electric PLC

NVT: XNYS (USA)
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nVent Earnings: Liquid Cooling for Data Centers Drives Results Much Higher

In the second quarter, nVent produced an exceptional result, with net sales of $1.47 billion rising 53% year on year, or 47% organically. We are issuing a correction, as we previously referred to “liquid cooling” as “immersion cooling,” which is a type of liquid cooling that didn't drive sales.

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