GDS lifts EBITDA outlook as AI-driven bookings hit record
China's largest third-party data center operator reported a 838 million yuan second-quarter profit, as it doubled its 2026 sales target and raised its full-year guidance Key Takeaways: GDS Holdings posted…
FS.com rides high-speed AI networks to higher profits
The provider of network equipment and solutions has flagged up a jump in first-half earnings, driven by demand for high-density AI computing Key Takeaways: The company expects its net profit…
Can crypto power supplier Boco plug into the AI boom?
The maker of power units for heavy-duty crypto computing is looking to raise IPO capital for a switch into systems for AI servers and data centers Key Takeaways: Boco Electronics…
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…
