VNET Group (NASDAQ: VNET) saw its stock price surge by 5.02% in pre-market trading on Friday, following the release of its impressive second-quarter 2025 financial results and the announcement of its new Hyperscale 2.0 framework.
The leading technology-driven digital infrastructure company reported robust financial performance for Q2 2025. Total revenue reached RMB 2.43 billion, representing a 22.1% year-over-year increase. The company's adjusted EBITDA grew by 27.7% year-over-year to RMB 732 million, with the adjusted EBITDA margin improving to 30.1%. Notably, VNET's hyperscale business demonstrated exceptional growth, with revenue surging 112.5% year-over-year to RMB 854 million.
Investors were particularly encouraged by VNET's strategic initiatives and future outlook. The company officially launched its Hyperscale 2.0 framework for future AIDC (AI-driven Data Center) development, aiming to scale its managed data center assets to 10 gigawatts by 2036. This ambitious plan, coupled with the company's strong performance in the AI-driven market, has bolstered investor confidence in VNET's long-term growth prospects. The positive sentiment surrounding VNET's ability to capitalize on the increasing demand for AI infrastructure appears to be a key driver behind the stock's pre-market rally.