Danfoss expects data-center sales to double amid AI boom

Danfoss, the Danish industrial conglomerate, is quietly becoming one of the biggest beneficiaries of the AI infrastructure buildout. The company expects its data-center business to at least double its share of total sales in 2026, driven by surging demand for the cooling systems that keep power-hungry AI chips from melting down. In 2025, data-center sales made up roughly 7% of Danfoss’s EUR 9.4 billion in total revenue. That figure nearly doubled year-over-year, and the company now projects it could reach around 15% of total sales by the end of 2026. The cooling problem nobody talks about Danfoss manufactures oil-free Turbocor compressors and liquid-cooling components designed for both air-cooled and liquid-cooled data centers. One of its flagship products, the Turbocor TGS380 compressor, is used in waterless chiller systems that achieve notably low Power Usage Effectiveness, a key metric for data-center energy efficiency. PUE is the ratio between total energy a data center consumes and the energy that actually powers its computing equipment. A PUE of 1.0 would mean perfect efficiency. In practice, anything below 1.3 is considered excellent. The company’s client base includes hyper...