Core Viewpoint - Fourth Paradigm (06682) has seen a significant increase in stock price, rising over 4% to HKD 59.85, with a trading volume of HKD 486 million, driven by positive developments in the AI cloud business sector [1] Group 1: Industry Developments - Oracle's AI cloud business guidance exceeded expectations, with a remaining performance obligation totaling USD 455 billion for Q1 of fiscal year 2026, representing a substantial year-on-year growth of 359% [1] - The Chinese government issued a directive in August to deepen the implementation of "Artificial Intelligence +" initiatives, indicating strong support for the AI sector [1] - Cambricon, a leading domestic computing power company, reported a staggering revenue increase of 4348% in the first half of this year, highlighting the rapid growth in AI-related technologies [1] - Alibaba reaffirmed its commitment to invest HKD 380 billion in AI capital expenditures over the next three years, further emphasizing the industry's growth potential [1] Group 2: Company Performance and Analyst Ratings - Several prominent brokerage firms have raised their target prices for Fourth Paradigm, reflecting confidence in the company's growth potential in the "Artificial Intelligence +" era [1] - CMB International raised Fourth Paradigm's target price from HKD 64 to HKD 81 while maintaining a "Buy" rating, indicating strong bullish sentiment [1] - Daiwa believes Fourth Paradigm holds a solid position in the AI sector and will benefit from the "AI +" development trend, increasing its target price from HKD 58 to HKD 74 [1]
第四范式涨超4% 近期获多家机构上调目标价 机构看好AI应用紧跟算力浪潮