0414 GMT - Kingsoft Cloud Holdings is likely to benefit from the development of China's AI industry, say Nomura analysts in a research note. The analysts expect China's AI investment cycle to accelerate in 2025, driven by large language model development led by DeepSeek and generative AI application development, such as AI agent. As one of the leading AI cloud infrastructure service providers in China, Kingsoft is likely to benefit from the rising demand for large language models' training and application. The analysts keep a buy rating on the stock and raise target price for its ADRs to $18.30 from $18.10. The ADRs last traded at $15.90. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
May 06, 2025 00:14 ET (04:14 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。