Taiwanese cooling parts maker Auras Technology expects a big jump in sales this year, good news for a company riding the AI chip boom.

• Auras expects revenue to grow 70% this year, driven by Nvidia water-cooling plates and rising demand for custom AI chips.
• Liquid cooling should make up 60% of sales this year and 70-80% by 2027.
• Custom AI chips will be 40% of sales, with Nvidia, AMD and Meta orders picking up late this year and more customers loading up early next year.
• New AI chips run so hot that current cooling can't keep up, so a newer method called microchannel cooling could start rolling out by 2028.
• Thailand is the growth engine: the second plant starts production this month at triple the size of the first, a third breaks ground this quarter, and a fourth is planned for 2028.

Outlook: Spending stays heavy through 2027 before easing, with Thai capacity doubling output across product lines as AI demand holds up.