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Eaton Corporation plc (ETN): Industrial Firm Growing Dominant in Liquid Cooling
Eaton Corporation plc (ETN) is rapidly becoming a key player in the liquid cooling market, spurred by its recent acquisition of Boyd’s thermal business and the growing demand for advanced cooling solutions in AI data centers. The company’s new Data Center segment and strong performance in its Electrical Americas division, along with a significant $13.3 billion backlog, indicate robust future growth and a shift towards integration in power and cooling. Analysts project strong EPS growth, positioning Eaton more like a software company than a traditional industrial firm.