US Stock Movement | VNET Group (VNET.US) Rises Over 5% After Being Added to Goldman Sachs' "Strong Buy" List for Asia-Pacific

Stock News
2025/10/20

On Monday, VNET Group (VNET.US) saw its shares increase by over 5%, reaching $9.25. Recently, Goldman Sachs released a report that included five companies in its "Strong Buy" list for the Asia-Pacific region, making VNET Group the only data center operator (IDC) on the list. Analysts at Goldman Sachs noted that VNET Group is transitioning from traditional retail IDC operations to a rapidly growing wholesale IDC model, benefiting from the increasing investments in AI. Over the coming years, VNET Group is expected to enter a phase of accelerated revenue and EBITDA growth, presenting a promising investment opportunity for investors.

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