Chinese Supply Chain Companies Behind Oracle’s “Surging” Rise

　　On September 10 local time in the United States, Oracle’s stock price surged by 36%, marking its largest single-day gain since 1992, with its market capitalization increasing by $251 billion that day. This veteran tech giant returned to the spotlight thanks to its highly positive business outlook.

　　Simultaneously, a massive $300 billion (approximately RMB 2.14 trillion) computing power procurement deal between Oracle and OpenAI ignited global investors’ enthusiasm for computing power and AI-related sectors, further boosting the certainty and expectations of future growth in the computing power industry. Encouraged by these positive developments related to Oracle, multiple AI computing power concept stocks and Oracle-related stocks in the A-share market experienced significant gains, forming an “Oracle market trend.”

　　Among them, on September 11, server manufacturing leader Foxconn Industrial Internet, domestic computing power chip leaders Hygon Information and Cambricon, saw strong investor interest, while major optical module manufacturers also saw their stock prices soar. The liquid cooling server concept stock, Chuanzhong Technology, also opened higher. Stocks of Oracle’s close Chinese partners, Digital China and Newcapec Technology, showed notable gains.

　　Overall, the stock price revaluation driven by Oracle’s massive computing power procurement deal will continue to impact the capital market in the future, but there remains uncertainty regarding the divergence in supply chain stock prices. In fact, as of the close on September 12, some companies’ stock prices had “given back” their gains.