Daqo goes ‘back to the future’ with AI power equipment gamble
The polysilicon maker will partner with the Kunshan government to build a 6 billion yuan base producing electrical equipment to power AI data centers Key Takeaways: Daqo and the Kunshan…
GDS commits up to 50 billion yuan to capture booming AI data center demand
China’s largest independent data center operator said it plans to spend between 30 billion yuan and 50 billion yuan on new facilities over the next three years Key Takeaways: GDS…
BRIEF: DayOne explores $5 billion dual listing in U.S., Singapore
DayOne Data Centers Ltd., the global affiliate of Chinese data center operator GDS Holdings Ltd. (GDS.US: 9698.HK), is considering dual listings in Singapore and the U.S., as it seeks money…
BRIEF: Huaqin posts solid first-quarter growth as diversification accelerates
Electronics manufacturer Huaqin Co. Ltd. (3296.HK; 603296.SH) reported double-digit first-quarter growth on Thursday, in its first financial results since its Hong Kong listing last week. The company said its revenue…
Huaqin stock rises in Hong Kong debut as AI data center business booms
The leading ODM is wooing global investors with rapid growth for its booming AI data center business and moves into robotics and automotive electronics Key Takeaways: Huaqin shares rose 14%…
BRIEF: DayOne to invest $6 billion in Malaysia data center expansion
DayOne Data Centers Ltd., an overseas affiliate of data center operator GDS Holdings (9698.HK; GDS.US), announced on Wednesday it will invest more than 28 billion ringgit ($6 billion) in Malaysia,…
BRIEF: AI computing demand drives VNET revenue up 20% in 2025
Data center operator VNET Group Inc. (VNET.US) announced on Monday its revenue rose 20.5% year-on-year to 9.95 billion yuan ($1.42 billion) in 2025, while its adjusted earnings before interest, taxes,…
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Daqo goes ‘back to the future’ with AI power equipment gamble
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