ENTITY · gds
GDS HoldingsGDS
China·data center reit·major·$6.3B mkt cap
Leading Chinese data-center developer and operator.
WATCH · 40–69
47/100 illustrative
Underwriting Thesis
WATCH — GDS Holdings: concentrated foreign-origin supply compounded by sole-source / single-point-of-failure dominance in data center reit. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration76
Sole-Source Dependence62
Sanctions Exposure0
Downstream Criticality45
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Shortest paths → DoD-exposed firms
- Scale AI · 2 hops · $105.6MGDS Holdings → Amazon (Annapurna Labs) → Scale AI
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 4
- VertivUnited StatesDOMESTIC
- Schneider ElectricFranceALLIED
- EatonIrelandALLIED
- Delta ElectronicsTaiwanCHOKEPOINT
Key Customers · downstream · 5
- Amazon (Annapurna Labs)United StatesDOMESTIC
- MicrosoftUnited StatesDOMESTIC
- Alphabet (Google)United StatesDOMESTIC
- Meta PlatformsUnited StatesDOMESTIC
- OracleUnited StatesDOMESTIC