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《大行》摩通升萬國數據(GDS.US)至「增持」評級 料H20恢復供應支持中國數據中心發展
阿思達克 07-16 09:49
摩根大通發表研究報告指,英偉達(NVDA.US)將獲得美國政府許可,能恢復向中國銷售H20晶片,預期可為中國數據中心行業發展提供上行空間,因此將萬國數據(09698.HK)(GDS.HK)的投資評級從「中性」上調至「增持」,對其美股目標價由34美元升至46美元。 摩通指出,萬國數據一線雲服務供應商客戶對AI推理運算的需求仍然強勁,預期中國業務收入增長將持續。而國際業務方面,雖然近期馬來西亞等地對GPU限制衍生變數,但該行相信公司持續開拓泰國、歐洲等新市場,以及中國社交平台大型客戶海外業務需求持續強勁,將為萬國數據旗下國際平台DayOne增長帶來支持。 摩通將萬國數據2026財年經調整EBITDA預測上調7%,並首予2027財年預測為71.66億元人民幣。
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