According to a research report by CICC, CoreWeave announced that it has become the first cloud service provider to deploy NVIDIA's GB300 NVL72 system. Oracle disclosed that it has signed several large cloud agreements, one of which will contribute more than $30 billion in revenue annually starting from fiscal 2028. Meta reorganized its AI department to establish MSL, and will invest hundreds of billions of dollars in the next few years to target super intelligence. Overall, the development of AI is still changing with each passing day, and the demand for computing power is expected to remain strong. At present, the market may tend to wait and see due to the rapid short-term rise in the computing power sector and the US tariff issue, and the trend may be volatile. AI-driven computing power investment is expected to remain strong in the future, and we continue to recommend: First, targets with continued high performance growth and valuations that are still at historically low levels; second, companies that are expected to enjoy spillover demand and achieve breakthroughs in customers or market share; third, upstream links in short supply; fourth, 1.6T and CPO industries.