US Stock Movement | Vnet surges over 16% after securing a 40MW wholesale order
On Thursday, Vnet surged over 16%, closing at $9.22. In terms of news, on September 11, the company announced that it had received a 40MW wholesale order from a leading internet company for its strategically located Gu'an IDC park, which will be delivered in phases to support the core business of its customers. Additionally, HSBC Research noted in its report that Vnet benefits from the growing demand for AI training and inference, and due to its abundant capacity and low electricity costs in Inner Mongolia, it has been listed as a preferred stock among data center companies
According to Zhitong Finance APP, on Thursday, Vnet (VNET.US) surged over 16%, closing at $9.22. In terms of news, on September 11, the company announced that it had received a 40MW wholesale order from a leading internet company for its strategically located Gu'an IDC park, which will be delivered in phases to support the core business of its customers. Additionally, HSBC Research pointed out in its report that Vnet benefits from the growing demand for AI training and inference, as its abundant capacity and low electricity costs in Inner Mongolia make it a preferred stock among data center companies
