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M Stanley: Resumption of H20 Supply to Alleviate Procurement Bottleneck Issues for Cloud Service Providers; Top Pick GDS (GDS.US)
Nvidia (NVDA.US) has officially submitted an application to sell H20 GPUs in China, and it is expected to receive approval from US authorities, a significant positive news for China's data center industry, as it is believed to help alleviate the bottleneck issues faced by Chinese hyperscale cloud service providers in procuring data center equipment, Morgan Stanley released a research report saying.

Morgan Stanley reiterated its positive outlook on GDS (GDS.US), VNET Group (VNET.US) and SUNEVISION (01686.HK), and listed GDS as its sector top pick.
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