VNET Group
VNET · NASDAQ · Technology
$3.00
$0.20 (-6.83%) today
Market Cap
$855.70M
24h Volume
$11.1M
P/E Ratio
-5.8
52w High
$14.03
52w Low
$3.00
Est. AI Revenue
20%
7-Day Sparkline (Static)
Company facts
Performance
About VNET Group
VNET Group operates data centers in China. It earns revenue by hosting customer computing equipment, selling colocation space, and providing GPU cloud services, with wholesale AI-ready capacity increasingly driving its order book.
Its offerings are built for AI workloads: GPU cloud hosting, AI data center colocation, high-density cooling for power-hungry racks, and network interconnect services that tie AI clusters together.
Founded in 1996 and headquartered in Beijing, VNET trades on the NASDAQ, employs roughly 3,200 people, and is led by CEO Wen Teng.
VNET Group in the AI buildout
VNET sits in the Data Centers & Hardware layer as a Chinese host for AI compute. Its wholesale AI-ready capacity, GPU hosting, and high-density cooling are aimed squarely at China's AI demand, and that demand now drives its order book. The thesis hinges on two things: Chinese AI compute growth continuing, and customers keeping access to the accelerators needed to fill its high-density capacity. Supercycle scores VNET's AI exposure at 60 out of 100.
VNET is tracked in Data Centers & Hardware, rated Strategic on the AI Exposure leaderboard.
By the numbers
52-week range
VNET trades at $3.00, 0% of the way up its 52-week range of $3.00 to $14.03.
Market cap
Market capitalization is $855.70M, with an AI Exposure Score of 60 out of 100.
Next earnings
VNET Group is next expected to report earnings on November 19, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does VNET Group do?
VNET operates data centers in China, selling colocation, GPU cloud hosting, high-density cooling, and interconnect services. Wholesale AI-ready capacity increasingly drives its orders from Chinese compute customers.
How is VNET Group exposed to AI?
Heavily. Supercycle scores it 60 out of 100. AI-ready capacity and GPU hosting drive its order book, though the thesis depends on Chinese AI demand and continued access to accelerators.
What are VNET's main products?
GPU cloud AI hosting, AI data center colocation, high-density AI cooling, and AI network interconnect. All serve customers deploying AI compute inside its Chinese data center footprint.
Where is VNET headquartered and who leads it?
VNET Group is headquartered in Beijing, China, and led by CEO Wen Teng. The company was founded in 1996, trades on the NASDAQ, and employs roughly 3,200 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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