U.S. stock market anomaly | GDS (GDS.US) up more than 2%, rated as top pick in the industry by Morgan Stanley
According to the Securities Times app, on Friday, GDS Holdings (GDS.US) rose more than 2%, closing at $36.94. In terms of news, Morgan Stanley stated that Nvidia has officially submitted an application to sell H20 GPU in China, and is expected to obtain approval from US authorities. This is seen as a major positive news for the Chinese data center industry, and is believed to help alleviate the bottleneck issue of data center equipment procurement faced by Chinese super-large scale cloud service providers. Morgan Stanley reiterated its positive view on stocks such as GDS Holdings, and listed GDS Holdings as the industry's preferred stock.
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