GDS Holdings (GDS) Soars 15% on AI Frenzy

We recently published 10 Stocks Investors Are Gobbling Up. GDS Holdings Ltd. (NASDAQ:GDS) is one of the best performers on Thursday.

Shares of GDS Holdings surged by 14.93 percent on Thursday to finish at $38.50 apiece as investors continued to load positions in AI stocks amid renewed optimism and developments across the sector.

GDS Holdings Ltd. (NASDAQ:GDS), a high-performance data center developer in China, is particularly benefiting from the AI wave, supported by strong demand for cloud computing capacity.

In the second quarter of the year, GDS Holdings Ltd. (NASDAQ:GDS) narrowed its net loss attributable to shareholders by 68 percent to 72.3 million yuan from 225.7 million yuan in the same period last year. Total net revenues grew by 12.4 percent to 2.9 billion yuan from 2.58 billion yuan year-on-year.

For the full-year 2025, GDS Holdings Ltd. (NASDAQ:GDS) is targeting total revenues of 11.29 billion yuan to 11.59 billion yuan and adjusted EBITDA of 5.19 billion to 5.39 billion yuan.

While we acknowledge the potential of GDS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.