Oracle(US:ORCL) CMS·2025-09-14 14:35Investment Rating - The report maintains a "Recommended" rating for the industry, indicating a positive outlook for the sector's fundamentals [3]. Core Insights - Oracle's FY2026 Q1 financial results exceeded market expectations, with RPO (Remaining Performance Obligations) totaling over $455 billion, reflecting a 359% year-over-year increase [9][10]. - The demand for AI computing infrastructure is driving significant growth in Oracle's cloud services, with OCI (Oracle Cloud Infrastructure) expected to reach $18 billion in FY26 and grow to $144 billion by FY30 [12][13]. - The report emphasizes the importance of both AI training and inference, highlighting the growing need for database capabilities and data governance in the AI ecosystem [24][17]. Summary by Sections Section 1: Oracle's Financial Performance - Oracle's FY2026 Q1 RPO surpassed expectations, driven by strong demand for AI computing infrastructure, with a notable increase in cloud contracts with leading AI companies [9][10]. - The cloud infrastructure revenue reached $3.3 billion, marking a 54% increase year-over-year, while cloud database services grew by 32% [10][11]. Section 2: AI Industry Chain Updates - Recent developments include Tesla's proposed $1 trillion compensation plan for Elon Musk, Microsoft's $17.4 billion GPU infrastructure contract with Nebius Group, and Haiguang Information's stock incentive plan [25][26][28]. - The report highlights the ongoing advancements in AI infrastructure and the strategic moves by major players in the industry [24]. Section 3: Market Performance Review - The computer sector saw a 3.37% increase in the second week of September 2025, with notable stock performances from companies like Chunzong Technology and Kaipu Cloud [30][31].