CRS—MRS—
Sign in
◆ TESSARA
◆ TESSARA JULY 23, 2026 Auras keeps dense AI racks from overheating $85M PER MONTH -13.4% MoM · +62.1% YoY Auras monthly revenue from MOPS filings. Cold plates, manifolds, and rack-level modules for liquid-cooled... $0M $20M $40M $60M $80M $100M Prior peak $104M Peak Jul '25 Nov '25 Feb '26 Jun '26 tessara.tech Source: Taiwan MOPS filings

Auras keeps dense AI racks from overheating

As AI racks get too dense for air, more of the rack moves to liquid cooling, and that is the Auras lane: cold plates, manifolds, and rack-level thermal modules. Its monthly revenue tracks the shift to liquid.
Explore the AI supply map →
Tessara Research · Free
We watch what breaks first.
Independent research on the physical bottlenecks behind the AI buildout: compute, memory, power, and networking, mapped to the public companies exposed to each.
Free. No spam. 1 to 2 memos a week.
Source-backed constraint intelligence for the AI build.

Tessara is independent research and analysis, not investment advice. We are not a registered investment adviser. Past performance is not indicative of future results, and you are responsible for your own investment decisions.

TermsPrivacyRefund policy