Published: Jan. 8, 2026 at 3:53\u202fp.m. ET<\/p>\n
CEO Jensen Huang says Nvidia\u2019s upcoming chip platform won\u2019t need water chillers. That\u2019s good news for energy efficiency, but potentially bad news for a crop of power and utility companies that had once been seen as bets on the steep energy requirements of the artificial-intelligence boom.<\/p>\n
As a result of Huang\u2019s commentary, shares of Johnson Controls JCI<\/a> and Modine Manufacturing MOD<\/a> have fallen sharply since Monday, while shares of Trane Technologies TT<\/a> and Carrier Global CARR<\/a> have seen lesser drops.<\/p>\n","protected":false},"excerpt":{"rendered":"Published: Jan. 8, 2026 at 3:53\u202fp.m. ET CEO Jensen Huang says Nvidia\u2019s upcoming chip platform won\u2019t need water…\n","protected":false},"author":2,"featured_media":397963,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,161713,161708,276,96131,277,45,168153,49,48,69522,168160,168163,15607,168152,5431,159560,285,168162,3525,125498,9564,168154,14022,16745,168151,45063,4717,168161,108457,159562,159563,106304,161280,168156,8189,168155,168158,168157,15256,1369,99237,36103,26205,61,168159,55828],"class_list":["post-397962","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-analyst-comment","tag-analyst-comment-recommendation","tag-artificial-intelligence","tag-artificial-intelligence-technologies","tag-artificialintelligence","tag-business","tag-business-consumer-services","tag-ca","tag-canada","tag-carr","tag-carrier-global-corp","tag-colocation-services","tag-computer-hardware","tag-computer-services","tag-computers","tag-computers-electronics","tag-computing","tag-consumer-services","tag-corporate","tag-corporate-industrial-news","tag-data-centers","tag-data-centers-colocation-services","tag-data-services","tag-electricity","tag-electricity-gas-utilities","tag-electronics","tag-energy","tag-gas-utilities","tag-graphics-processing-units","tag-industrial-electronics","tag-industrial-goods","tag-industrial-news","tag-integrated-circuits","tag-jci","tag-jensen-huang","tag-johnson-controls-international-plc","tag-mod","tag-modine-manufacturing-co","tag-nvda","tag-nvidia-corp","tag-recommendation","tag-semiconductors","tag-synd","tag-technology","tag-trane-technologies-plc","tag-tt"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/397962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=397962"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/397962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/397963"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=397962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=397962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=397962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}