Why ByteDance’s Reported Data Center Order Could Be a Major Win for VNET (VNET)

2 weeks ago 10

Habib Ur Rehman

Thu, March 12, 2026 astatine 11:15 AM CDT 2 min read

VNET Group, Inc (NASDAQ:VNET) is 1 of the best rising AI stocks to bargain now. On March 5, 2026, The Star, citing Bloomberg, reported that VNET had secured a grounds bid from ByteDance to supply astir 500 megawatts of information halfway capableness successful China. According to the report, ByteDance is seeking much computing and retention capableness to enactment the maturation of its flagship chatbot Doubao and different artificial quality technologies. No fiscal presumption oregon different woody details were disclosed.

The reported bid is ample comparative to VNET’s existing wholesale footprint. As of the extremity of September 2025, the institution had 783 megawatts of wholesale capableness successful service, with 582 megawatts already utilized by customers. The study besides noted that VNET and ByteDance did not respond to requests for comment. VNET’s customers see Tencent, JD.com, and Alibaba, portion its nett gross successful the July-September 4th roseate astir 22% twelvemonth implicit twelvemonth to 2.58 cardinal yuan, including 1.95 cardinal yuan from net information halfway services.

Why ByteDance’s Reported Data Center Order Could Be a Major Win for VNET (VNET)

VNET Group, Inc (NASDAQ:VNET) is simply a China-based carrier- and cloud-neutral net information halfway services provider. The institution provides hosting and related services, including IDC services, unreality services, and concern VPN services, to enactment customers’ net infrastructure.

While we admit the imaginable of VNET arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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