03 Oct 2025 | 5 Mins Read
Data center stocks surge up to 17% on AI optimism
Flipitmoney
OpenAI reached a $500 bn valuation following a $6.6 bn share sale to investors including Thrive Capital and SoftBank. This artificial intelligence optimism positively impacted Indian data center stocks, with Orient Technologies shares rising 17% and Netweb shares increasing for a third day, as technology firms and investors bet on data centers driven by rising digital consumption and AI adoption.