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AI Data Center Startup Phononic Discusses Multi-Billion Dollar Valuation in Possible Sale

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The unrelenting demand for AI data centers is spilling over into lesser-known companies that supply components for essential tasks such as cooling chip servers.

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It has discussed a valuation of at least $1.5 billion and some potential buyers have expressed interest at more than $2 billion, according to people familiar with the discussion. That price would more than double its valuation from its last private financing, adding to a string of high-priced acquisitions for industrial companies tied to the AI boom.

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#semiconductor #data #center