GDS Holdings Raises 2026 Guidance Amid Surging AI Data Center Demand

Key Facts

1GDS Holdings reached a record backlog of 757 MW in Q2, providing stronger visibility into future revenue.

2Management raised 2026 EBITDA and CAPEX guidance due to stronger-than-expected AI-driven demand.

In a move reflecting the rapid acceleration of AI technology adoption, GDS Holdings has raised its financial guidance for 2026. According to reports, the company achieved record bookings of 757 MW in the second quarter, providing significantly stronger visibility into future revenue streams. This surge in demand has prompted management to upwardly revise its EBITDA and capital expenditure forecasts for the coming period.

The expansion in contracted capacity is driven by intensifying requirements from AI sectors for data center infrastructure, which has accelerated the delivery of contracted capacity. Based on analyst facts, the record backlog strengthens the company's fundamental position and supports the intensive development strategy pursued by GDS Limited to meet evolving market needs.

Operationally, the outlook remains bullish as digital infrastructure investment continues, although updated price levels for 9698.HK are currently unavailable. Traders in the region are monitoring China's monetary stability, where the 1-year Loan Prime Rate held at 3% and the 5-year rate at 3.5% as of August 2026, providing a stable financing environment for large-scale capital projects.