On Friday, GDS Holdings (GDS.US) rose by over 3%, closing at $21.31.
According to the Zhitong Finance App, on Friday, GDS Holdings (GDS.US) rose over 3%, reaching $21.31. In news, media reports indicate that ByteDance is initiating a wave of data center infrastructure construction, with capital expenditures expected to double to 160 billion yuan by 2025. Huaxi noted that with the increasing demand for AI Asia Vets computing power and the shift of operators and Internet Plus-Related capital expenditures towards intelligent computing centers, along with national policies promoting the strengthening of computing power cluster layouts, large and super-large computing hub node datacenters are expected to accelerate construction and integration, with related beneficiary companies including GDS Holdings.