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WILMINGTON - Samsung Electronics has successfully qualified Chemours’ (NYSE:CC) Opteon two-phase immersion cooling fluid for use with its current-generation solid-state drives (SSDs), according to a press release statement from Chemours. The specialty chemicals company, currently valued at $1.86 billion, has seen its shares rise 3.5% over the past week despite experiencing significant volatility this year. According to InvestingPro data, the stock is currently trading near its Fair Value, with analysts maintaining a moderate buy consensus.
The qualification follows nearly a year of rigorous testing and represents the first two-phase immersion cooling fluid approved by Samsung for its generation four SSDs. Testing for subsequent generations is expected to begin in the coming months. For investors seeking deeper insights, InvestingPro offers exclusive analysis and additional ProTips about Chemours’ financial health and growth prospects, including detailed metrics on its $5.85 billion annual revenue operation.
Chemours collaborated with Liquid Stack, a tank manufacturer, and PKI Corporation to conduct performance testing using a commercial scale 48U immersion cooling tank. The equipment reportedly met all compatibility targets without signs of degradation.
"Finding innovative solutions to effectively cool IT hardware, without creating compatibility or performance issues, is no simple task," said Sungki Lee, Project Leader of SSD HW Reliability Engineering Team at Samsung Electronics.
Samsung created its own high-reliability test standard based on Open Compute Project standards, which the Opteon fluid passed. The company has developed a method that aims to achieve heat transfer efficiency while maintaining reliability in immersion cooling systems using the fluid.
According to Chemours, the Opteon two-phase immersion cooling technology offers a power usage effectiveness approaching 1, nearly eliminates water use, reduces space requirements by 60%, and lowers energy consumption by up to 40%. The company claims cooling energy use can be reduced by up to 90% compared to traditional cooling technologies.
The qualification is expected to support market adoption of liquid cooling solutions as data centers face increased cooling and energy demands driven by artificial intelligence and next-generation chips. While analysts have recently revised their earnings expectations downward, InvestingPro data indicates that net income is expected to grow this year, potentially benefiting from the company’s strategic positioning in the cooling technology market.
In other recent news, Chemours reported its financial results for the second quarter of 2025, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.58, which was higher than the forecasted $0.46. Additionally, Chemours generated revenue of $1.62 billion, exceeding the anticipated $1.56 billion. Despite these positive results, Chemours’ guidance for third-quarter and full-year EBITDA fell below market expectations, primarily due to operational challenges in its Titanium Technologies and Advanced Performance Materials segments.
Truist Securities maintained its Buy rating on Chemours, setting a price target of $18.00. The firm acknowledged the operational headwinds but expressed confidence in the company’s potential. These developments highlight the mixed outlook for Chemours, with strong past performance but cautious future guidance.
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