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<Research>G Sachs Upgrades Kingsoft Cloud's Rating to Buy; XIAOMI-W's Continued Investment in AI Development Likely to Benefit
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Goldman Sachs has released a research report upgrading Kingsoft Cloud (KC.US)'s rating from Neutral to Buy and increasing its target price from USD14.2 to USD15.6.

The broker anticipates that XIAOMI-W (01810.HK) will invest around RMB10 billion in the AI sector in 2026, and Kingsoft Cloud will be a major beneficiary of it.

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