Zhong Guo Neng Yuan Wang·2025-09-18 01:30Core Viewpoints - Oracle has raised its cloud infrastructure revenue forecast, reflecting strong demand driven by AI, with FY1Q26 cloud infrastructure revenue reaching $3.3 billion, a 55% year-on-year increase [2][3] - The company's remaining performance obligations (RPO) reached $455 billion, up $317 billion from the end of last year, marking a 359% year-on-year growth [2][3] - The growth in orders is primarily attributed to data center-related orders from clients such as OpenAI, xAI, Meta, and NVIDIA [2][3] Key Events and Commentary Event 1 - AI Computing Power - Oracle has adjusted its OCI growth expectations, forecasting a 77% increase in IaaS revenue to $18 billion for FY2026, with subsequent years projected to reach $32 billion, $73 billion, $114 billion, and $144 billion [2][3] - The demand for AI computing power is identified as a high-certainty growth investment theme, with a focus on AI liquid cooling, power generation, and cooling segments [2][3] Event 2 - Humanoid Robots - Tesla is finalizing the design of its Optimus V3 humanoid robot, which will feature dexterous hands similar to humans [3][5] - The humanoid robot sector is still in its early stages, with a focus on technological advancements and market liquidity, presenting long-term investment opportunities [3][5] Industry Dynamics & Company News - Industry dynamics include the establishment of a new technology company in Fujian focused on robotics and the introduction of a "robot town" at the Bund conference [5][6] - Government initiatives are pushing for the development of national standards for humanoid robots and the implementation of AI in various sectors [5][6] Investment Insights - For humanoid robots, focus on companies with strong supply chains and market positions, while also identifying incremental opportunities in the sector [7] - In AI infrastructure, key segments include AI liquid cooling, power generation, and cooling systems, with specific companies highlighted for investment [7][8]