Modine Manufacturing tumbles as Nvidia Rubin chip could reduce data center cooling needs (MOD:NYSE)

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2 months ago

Industrial engineers working as a team, maintaining pipes, valves, air conditioning, refrigeration, HVAC systems at construction site. Male technicians in red safety uniforms checking pipe valves. — rattanavan Baunoi/E+ via Getty Images

Shares of Modine Manufacturing (MOD) tumbled below the 200-day moving average and set a new 5-month low as Nvidia’s (NVDA) new higher-performing Rubin chip platform will likely reduce the need for cooling systems in data centers.

Modine Manufacturing (MOD