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Thermal Solution Stocks Surge as Auras and CCI Hit Record Highs on AI Cooling Demand

Electronic Technology · Electronic Components · economic_daily · 2026-09-04

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Thermal management stocks Auras and CCI reached record highs despite regulatory constraints, driven by strong AI server demand and advancements in liquid cooling.

What Happened

Robust Earnings Drive Momentum: Auras reported a strong July profit of NT$600 million, bringing its year-to-date EPS to NT$29.48, which fueled its share price despite being placed under regulatory surveillance. CCI also hit a record high, reflecting investor confidence in the booming AI server cooling sector.

AI Demand Fuels Growth: The sector is benefiting from increased orders for NVIDIA's GB series and the mass production of ASIC cooling components. Analysts expect liquid cooling applications to expand into memory modules, further boosting operational momentum in the fourth quarter.

Microchannel Technology Emerges: As AI chip power consumption rises, microchannel cooling is becoming the next critical battlefield due to its superior thermal resistance performance. Major Taiwanese players like Auras, CCI, and Jentech are actively developing and testing these high-value solutions.

Strategic Liquid Cooling Expansion: Lite-On Technology has invested in Poland-based DCX to integrate power and liquid cooling platforms, further strengthening the industry's ecosystem. This move has bolstered sentiment across the sector, with companies like Delta Electronics also attracting significant market attention.

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