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Chemours Joins DataVolt to Advance Liquid Cooling for AI Data Centers
ZACKSยท 2025-05-20 12:30
Core Viewpoint - Chemours Company has partnered with DataVolt to develop innovative liquid cooling solutions for data centers, aiming to enhance efficiency and sustainability in response to the growing demand for AI and next-generation chips [1][2][4]. Group 1: Partnership and Technology Development - The collaboration will focus on two-phase direct-to-chip and immersion cooling technologies, leveraging Chemours' ultra-low global warming potential Opteon dielectric fluids [3]. - This partnership aims to accelerate the adoption of liquid cooling technologies, reducing the total cost of ownership and environmental impact while improving performance and efficiency [2][4]. Group 2: Market Context and Financial Outlook - Chemours' shares have decreased by 59.7% over the past year, compared to a 27.2% decline in the industry [5]. - The company anticipates a sequential increase in consolidated net sales in the low to mid-teens for the second quarter, with adjusted EBITDA expected to rise by 40% to 45% [6]. - For the full year 2025, adjusted EBITDA is projected to be between $825 million and $950 million, with capital expenditures estimated at $225 million to $275 million [6].