Kingsoft Cloud Holdings Ltd's stock surged 5.03% intraday, reflecting strong investor confidence in the company's positioning within the evolving cloud and AI infrastructure landscape.
The movement follows a broader industry trend where major cloud service providers like Google Cloud and Amazon AWS have announced price increases. Analysts at Huachuang Securities believe these hikes, combined with expanding AI expenditures, are reshaping the AI Data Center (AIDC) industry, boosting return expectations for computing power assets and raising the industry's scale ceiling.
Further optimism stems from Kingsoft Cloud's strategic role as the sole AI cloud infrastructure provider within the Xiaomi Group ecosystem. A Nomura research report highlights the company's potential to benefit continuously from Xiaomi's strong commitment to developing large language models. The institution also notes that potential imports of advanced H200 chips could alleviate supply constraints and has consequently raised its revenue forecasts for Kingsoft Cloud, citing confidence in China's accelerating AI investment cycle and robust demand for LLM training and AI agent applications.