GDS Holdings raised its fiscal 2026 revenue outlook after reporting second-quarter 2026 results that showed strong AI-driven demand for data center capacity in China. The company reported revenue of about $455.1 million, up 6.5% year over year, and net income of RMB837.6 million versus a year-earlier loss, mainly because of gains from business disposals. A later report said both revenue and earnings of 52 cents per share missed analyst estimates, even though an earlier account described revenue as slightly above expectations. Investors focused on stronger bookings, a higher full-year outlook and management's view that AI demand is accelerating.