According to a research report from CITIC Construction Investment, Alibaba unveiled at the Yunqi Conference that it is moving forward with a three-year AI infrastructure development plan, involving a total investment of RMB 380 billion, and has intentions to further ramp up its investment. It is projected that by 2032, the energy consumption scale of Alibaba Cloud's global data centers will surge tenfold compared to 2022 levels. In the meantime, NVIDIA has forged a strategic partnership with OpenAI. OpenAI has set its sights on deploying at least 10GW of NVIDIA systems, while NVIDIA is planning an investment of up to USD 100 billion. Despite the recent fluctuations in the computing power sector, both domestic and international entities are intensifying their investments in this area. Capital expenditures on computing power are expected to remain sustainable, and the current adjustment phase actually offers investment opportunities. Investors are advised to keep a close eye on the commercialization progress of emerging technologies and products, such as OCS.