Accessible version Minth Wins liquid cooling orders for AI servers: raise PO to HK$43, reiterate Buy Reiterate Rating: BUY | PO: 43.00 HKD | Price: 36.14 HKD Announced liquid cooling orders from two AI server clients On 3 Nov, Minth announced new orders for its liquid cooling for AI servers from two Taiwanese AI server manufacturers, with deliveries starting by end-2025 (see details on page 3). We believe the announcement marks Minth's official entry into the AIDC sector. The company currently provides imme ...