Last week, U.S. tech giant Oracle announced the signing of a monumental AI computing power procurement contract, valued at over $300 billion, in the first fiscal quarter of 2026 (spanning June to August 2025). The deal names OpenAI as its primary partner. Commencing in 2027, this five-year agreement mandates OpenAI to pay an annual sum of $60 billion. In return, Oracle is obligated to furnish 4.5 gigawatts of data center capacity, a figure equivalent to a quarter of the United States' current total data center capacity.

Propelled by this announcement, Oracle's stock price soared by 36% in a single trading day, with its market capitalization swelling by $251 billion. This surge represents Oracle's largest single-day gain since 1992. Concurrently, Oracle projects its cloud infrastructure business to experience a 77% growth this fiscal year, with revenues expected to escalate to $144 billion over the next four years. Furthermore, Oracle has revised its capital expenditure forecast for the current fiscal year upwards to $35 billion, aimed at bolstering its data center expansion efforts. This mega-order has not only catalyzed growth within the AI computing power industry chain, benefiting chip manufacturers such as Broadcom, but has also expedited the advancement of the domestic computing power sector.