On July 7, Kingsoft Cloud rose 5.23% in regular trading, trading at HK$5.0/share, with turnover of HK$83.67 million.

On the news front, Kingsoft Cloud recently confirmed it will accelerate GPU computing cluster construction in the second half, driven by explosive demand from anchor clients. Xiaomi's GPU computing requirements have upgraded from a 10,000-card cluster to an ultra-large-scale computing cluster, with related investment budgets rising from approximately RMB 4 billion to over RMB 10 billion. Under their cooperation model, Xiaomi prepays lease rental covering 20%-30% of total expenditure, with remaining funds sourced via financing, implying Kingsoft Cloud's theoretical procurement scale could exceed RMB 40 billion.

Additionally, Alibaba's large model team has signed a 5-year computing power lease contract with Kingsoft Cloud involving over 3,000 eight-GPU servers, with annualized revenue exceeding RMB 4 billion upon full delivery. Meanwhile, the company's previously announced 15%-50% price increase on AI computing products is set to take effect on July 12, further boosting market expectations for revenue and margin improvement.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)