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Story summary
- On January 6, 2026, shares of U.S. HVAC companies fell after Jensen Huang (Nvidia CEO) announced chips could reduce data-center cooling.
- Johnson Controls International fell 7.5% to $112.40.
- Trane Technologies fell 5.3% to $370.40, both at multi-month lows.
- Barclays analysts noted Nvidia's AI influence, making Huang's comments significant.
- Carrier Global and nVent Electric may experience varying impacts, with nVent Electric potentially benefiting from liquid cooling.
