GDS Holdings Reports Strong Q1 Performance Amid AI-Driven Data Center Demand
GDS Holdings reported higher first-quarter revenue and EBITDA, driven by increased demand for data center capacity in China due to artificial intelligence workloads. The company has expanded its land bank to nearly 4 gigawatts and plans a RMB 30 billion to RMB 50 billion investment over the next three years.
Tickers: $GDS
Topics: AI China Market Data Centers Earnings Call