What's your opinion of the Microsoft Ignite 2022 demo by Mark Russinovich of their next-gen immersion-cooled setup for Azure compute nodes? Link: https://youtu.be/PO5ijv6WDv0?t=370
Google championed this over a decade ago. They figured that the cost of staff, spare parts, diagnostics, etc... outweighed the cost of the hardware. If you factor in the complexity of liquid cooling, it might not make sense to repair hardware even a single compute node costs north of $20K.