AI Computing Demand Continues to Spill Over, Cloud Computing Sector Enters New Expansion Cycle

Inspur Electronic Information Industry Co., Ltd. released its semi-year performance forecast for 2026 on July 8, estimating a net profit attributable to shareholders of the parent company of 2.6 billion to 3.1 billion yuan (approximately $382 million to $455 million) for the first half of the year, representing a year-on-year increase of 226% to 288%, driven by the continuous spillover of AI computing demand. This news became a catalyst for a surge in the A-share cloud computing sector, with Inspur hitting the daily limit up, with over 700,000 lots in pending buy orders, and 12 stocks including深信服 (Sangfor Technologies) and绿盟科技 (NSFOCUS) also hitting the daily limit up simultaneously, indicating that the hardware and cloud computing sectors have entered a new expansion cycle.