SPXC data center cooling growth

What happened: CTS Corporation (CTS) and Pentair plc (PNR) have recently introduced innovative data center cooling solutions. On June 16, 2026, CTS launched the TSX Crystal with Integrated Thermistor, its first crystal product with an internal thermistor, targeting precision thermal management in data centers. Meanwhile, Pentair is connecting data center cooling demand to its pump and flow portfolio, marketing Aurora pumps for hyperscale and edge facilities. SPX Technologies (SPXC) is also growing its data center cooling business, with a rising HVAC backlog and increased investment in the sector.

Market impact: These developments drive growth in the data center cooling sector, benefiting companies like CTS, PNR, and SPXC. As data centers consume more resources, particularly water, due to AI and other technologies, demand for efficient cooling solutions increases. This trend may lead to further investment in and growth of data center cooling stocks, with potential positive impacts on related industries such as water infrastructure.

What to watch next: Investors should monitor SPXC's Q2 2026 earnings, scheduled for July 28, to assess the company's progress in its data center cooling segment. Additionally, keep an eye on CTS's product adoption and Pentair's market penetration in data center cooling, as these will provide insights into the growth potential of the sector and these companies. Lastly, track data center construction and expansion plans, as increased data center capacity will drive demand for cooling solutions.