Asetek, the creator of the all-in-one (AIO) liquid cooler, has just seen a 40% drop in its share value in a single day. That's nightmare fuel for most companies and it's not all that surprising. The company said prior to the drop that it now expects lower than expected demand for liquid coolers for the second half of 2024, resulting in a "significant decline in Group revenue."
"Asetek A/S has received updated purchase forecasts from a number of the company’s largest OEM customers," the company said on June 11 (via Overclock3D). "Based on these new forecasts, the expected increase in demand in the second half of 2024 of the company’s liquid cooling products may not materialize."
