Oracle(US:ORCL) Sou Hu Cai Jing·2025-12-18 11:45Group 1 - The core issue is the significant drop in AI-related stocks triggered by Oracle's negative news regarding its data center project for the AI industry, which saw a major investor withdraw [2][4] - Oracle's role as a "infrastructure steward" in the AI industry is crucial, as many AI companies rely on its services for computing power and data processing, leading to market fears about the actual demand in the AI sector [2][4] - The decline in stock prices of major AI companies like Broadcom and CoreWeave reflects a broader concern about the profitability of AI ventures, as many companies are struggling to achieve stable earnings despite high valuations [4][6] Group 2 - The sensitivity of tech stocks to negative news has been highlighted, with high valuations leading to cautious investor behavior; any adverse news can trigger a sell-off [6][9] - Supply chain issues, including shortages of specialized materials and skilled labor, are compounding the challenges faced by the AI industry, potentially leading to project delays and increased costs [6][9] - Despite the current downturn, analysts suggest that this may be a "technical correction" rather than a fundamental failure of AI technology, with long-term growth potential still present in core areas like AI computing and smart chips [8][9] Group 3 - The recent market decline serves as a reminder for investors to focus on tangible fundamentals rather than just narratives, emphasizing the importance of profitability in tech investments [9][10] - Companies are encouraged to prioritize technological advancements and optimize profit models instead of merely expanding capacity or promoting concepts [9][10] - The market is expected to become more discerning, favoring companies with real technological barriers and stable earnings, similar to the post-correction phase seen in the renewable energy sector [8][9]