中信建投:Oracle验证大厂资本开支向上,看好阿里AI全栈布局

中信建投证券研究
Sep 15

文|应瑛Oracle 9月10日公告FY26Q1业绩,RPO同比大增359%至4550亿美元,大超市场预期3170亿美元,并预计FY26资本支出将达到约350亿美元,主要用于采购数据中心相关设备,进一步验证国内外大厂持续向上的资本开支。目前,阿里通过千问开源构建底层模型基础,向上打造自研芯片,向下各事业部积极探索AI布局,打造了硬件-云服务-模型-应用的国产AI闭环,有望持续受益于AI浪潮。点击...

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