Major Bank Ratings | JPMorgan: Raises GDS Holdings target price to $55, expects accelerated AI data center construction
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Glonghui, February 4th｜JPMorgan released a research report, expecting that GDS's AI data center construction projects in China will accelerate in 2026, as the supply of domestic chips begins to grow rapidly, the supply situation of Nvidia H200 GPUs becomes clearer, and mainland suppliers are deploying more AI applications. Based on stronger core business and the potential value release of its equity investments, the bank raised its US stock target price from $40 to $55 and reiterated its "Overweight" rating.
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