10 Firms Stand Out Amid Market Downturn

7. GDS Holdings Limited (NASDAQ:GDS)

GDS Holdings Limited (NASDAQ:GDS) extended its rally for a 10th consecutive day on Thursday, adding another 12.76 percent to its valuation to finish at $48.50 apiece, as funds continued to flock to Chinese companies supporting AI in China, including GDS.

Over the past 10 trading days alone, the company’s stock price has already registered a whopping 87-percent jump.

GDS, a leading developer and operator of high-performance data centers in China and Southeast Asia, has been earning a boost from the rapid advancements in AI, particularly DeepSeek, especially with the latter now being widely adopted by various businesses—from chatbots, smart vehicles, government agencies, and schools, among others.

Earlier this month, City analyst Louis Tsang raised GDS’ price target to $51.2 from $25.1 previously, while maintaining a “buy” rating. The rating was based on optimism toward growing AI data center-related spending from China cloud service providers.