GDS Soars on AI Demand | Business and Finance News

GDS Holdings is crushing it in Q2 2026, booking a record 260MW in AI-driven deals—pushing their first-half total to 470MW and bumping full-year targets to a full gigawatt. Every deal comes with ironclad take-or-pay commitments, giving them confidence to invest. Plus, they’ve snagged 600MW in customer reservations this year, aiming for over 1GW by year-end—locking in future growth. Powered by China’s tech giants and new AI players, GDS is dominating key markets with proven relationships and expanding into emerging AI leaders. Their $1.6B EBITDA backlog and $9–10B capex hike (funded 60% debt, 40% equity) signal strong momentum, backed by solid onshore banking support. With demand from both cloud and AI workloads surging, GDS is primed for explosive growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f7d41aaa9622d498