Scarcity + premium
Supply lands + lead times normalize
How liquid-cooling scarcity becomes a pricing-power expiry test
added capacity
qualified supply
qualification gate
lead time extended
Liquid-cooling scarcity
power-supply tight
Schneider · Motivair
add + qualify capacity
Vertiv · Tognana
add + qualify capacity
Pricing-power premium
backlog · margin expanding
The expiry test
book-to-bill & margin hold?