Bernstein

Report published July 16, 2026

Liquid Cooling in Data Centers: Bernstein Market Report (July 2026)

Bernstein · July 16, 2026

This report examines emerging liquid cooling technologies in data centers, highlighting how CoolIT's 15kW single-phase cold plate may extend current cooling methods beyond 2030. It evaluates the prospects of two-phase DTC and direct-to-die alternatives alongside their engineering challenges.

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Finvaulta summarizes Bernstein's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

  • 1.CoolIT's new 15kW single-phase cold plate may extend the viability of single-phase cooling, potentially delaying the need for more complex two-phase or direct-to-die technologies.
  • 2.Direct-to-die cooling offers high performance but remains at an early R&D stage with significant manufacturing and operational complexities.

Table of Contents

  • RECAP: OVERVIEW OF SINGLE-PHASE DTC COOLING
  • TWO PHASE DTC
  • DIRECT-TO-DIE LIQUID COOLING
  • SINGLE PHASE - IS THE THEORETICAL LIMIT REAL?
  • IMPLICATIONS FOR CDU / COLD PLATE ECOSYSTEM MORE BROADLY?

Report data

A potential breakthrough for single-phase DTC | CoolIT's 15kW cold plate

MetricEstimateContext
CoolIT 15kW Cold Plate Capacity15 kWPerformance of CoolIT single-phase cold plate
Direct-to-Die thermal capacity performance>1000 W/cm²Microsoft and Corintis proof of concept
Source: CoolIT; Microsoft/Corintis. This is a dated model snapshot, not a live forecast.

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