US Stock Market Move | KINGSOFT CLOUD(KC.US) surged 12% as demand for tokens increased rapidly. Cloud vendors collectively announced price increases.

On Wednesday, KINGSOFT CLOUD (KC.US) surged 12% to $14.70. On the news front, Aliyun's official website announced that due to the global AI demand surge and supply chain price increases, Aliyun's AI computing power, storage, and other products will see a maximum price increase of 34%. Among them, Pingtouge Zhenwu 810E and other computing power card products rose by 5%-34%, and file storage product CPFS (Intelligent Edition) rose by 30%. According to sources familiar with the matter, another important reason for this price increase is the "Token call volume surge". Aliyun's MaaS business Bailian achieved the highest growth rate in history in 1-3 months this year, and Aliyun is tilting scarce AI computing resources towards the Token business. Baidu Inc Sponsored ADR Class A Intelligent Cloud also announced on the same day adjustments in the pricing of AI computing power, storage, and other products, stating that due to the rapid development of global artificial intelligence applications, the demand for computing power continues to rise, and the costs of core hardware and related infrastructure have significantly increased. Therefore, in order to ensure the long-term stability of the platform and service quality, some product prices have been structurally optimized. Among them, AI computing power-related product services: increase by approximately 5%-30%; parallel file storage, etc.: increase by approximately 30%. The above prices will take effect from 00:00 on April 18, 2026 (Beijing time). On March 11, Tencent Cloud's intelligent body development platform announced an adjustment in billing strategy, with public beta models transitioning from free to pay-as-you-go on the 13th, and the prices of the Mixuan series models generally increasing by over 400%. Analysts believe that KINGSOFT CLOUD, as the core cloud platform within the Xiaomi ecosystem, is expected to maintain high-speed growth in its AI business, directly benefiting from the turnaround in the cloud service industry and its own accelerated growth.