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GDS Holdings Limited (GDS) Q4 2025 Earnings Call Transcript

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⚡ Quantum Brief
GDS Holdings reported Q4 2025 earnings on March 17, 2026, highlighting record revenue growth driven by surging demand for AI and high-performance computing (HPC) data center capacity in China. CEO William Huang emphasized strategic expansions in Tier 1 cities, including Shanghai and Beijing, to meet AI workload demands, with utilization rates exceeding 90% across key facilities. CFO Daniel Newman noted a 28% YoY revenue increase to $4.1 billion, attributed to hyperscale deployments and premium pricing for AI-optimized infrastructure, despite rising energy costs. Analysts pressed executives on supply chain constraints and regulatory risks, with management citing partnerships with NVIDIA and local chipmakers to secure GPU allocations for AI training clusters. The company projected 2026 capex at $3.5 billion, prioritizing liquid cooling and quantum-resistant security upgrades to future-proof facilities amid evolving tech and geopolitical landscapes.
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SA Transcripts159.01K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call GDS Holdings Limited (GDS) Q4 2025 Earnings Call March 17, 2026 8:00 AM EDT Company Participants Laura Chen - Head of Investor RelationsWilliam Huang - Founder, Chairman of the Board & CEODaniel Newman - Chief Financial Officer Conference Call Participants Yang Liu - Morgan Stanley, Research DivisionJonathan Atkin - RBC Capital Markets, Research DivisionXinyi Wang - UBS Investment Bank, Research DivisionGokul Hariharan - JPMorgan Chase & Co, Research DivisionRobert Palmisano - Raymond James & Associates, Inc., Research DivisionTimothy Zhao - Goldman Sachs Group, Inc., Research DivisionEllie Jiang - Macquarie ResearchHuiqun Li - BofA Securities, Research Division Presentation Operator Hello, ladies and gentlemen. Thank you for standing by for GDS Holdings Limited Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded. I will now turn the call over to your host, Ms. Laura Chen, Head of Investor Relations for the company. Please go ahead, Laura. Laura ChenHead of Investor Relations Thank you. Hello, everyone. Welcome to the Fourth Quarter and Full Year 2025 Earnings Conference Call of GDS Holdings Limited. The company's results were issued via Newswire services earlier today and are posted online. A summary presentation, which we'll refer to during this conference call, can be viewed and downloaded from our IR website at investors.gdservices.com. Leading today's call is Mr. William Huang, GDS Founder, Chairman and CEO, who will provide an overview of our business strategy and performance. Mr. Dan Newman, GDS CFO, will then review financial and operating results. Before we continue, please note that today's discussion will contain forward-looking statements made under the safe harbor provisions of the U.S.

Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's results may be materially different from the views expressed today. Further information regarding these and other

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