Cloud Computing Stocks Rise with AI Service Expansion

Cloud computing stocks are rising as AI service adoption and digital transformation accelerate, driving demand for large-scale operation infrastructure and data centers.

Korean stock exchange data shows that Elastis, a cloud-based infrastructure provider, has risen 20.03% to 9,590 won, reflecting expectations of increased demand for AI and cloud-based infrastructure.

Other cloud computing stocks, such as Saltlux, a provider of AI and big data analysis-based cloud solutions, have also risen, with Saltlux up 7.19% to 13,410 won.