With the advent of new infrastructure supernodes with computing power, the liquid cooling technology behind them has attracted a new round of attention in the industry. At the 2026 World Artificial Intelligence Conference, the thermal management systems of well-known server vendors such as Huawei, ZTE, Xinhuasan, and Inspur have all been upgraded to liquid cooling, including mainstream cold plate liquid cooling, as well as the burgeoning immersion liquid cooling. CICC predicts that with the introduction of new technology, 2026 will usher in the first year of liquid cooling emissions. The global intelligent computing center liquid cooling market will reach 114.7 billion yuan, an increase of 273% over the previous year, and is expected to maintain high growth in 2027. Interviewees generally believe that, boosted by high computing power, new liquid cooling technology is being continuously upgraded and applied. As the price of fluorinated liquid falls, immersion liquid cooling will enter the engineering stage, and market prosperity can be expected.

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