Demand surges and orders increase sharply, ten stagnant computing power rental stocks may welcome Davis double strike.

Large models are accelerating iteration, driving the continuous explosion of AI training and inference computing power demand, and the deployment of massive servers and high-performance chips is directly leading to the expansion and installation demand of data center racks. At the same time, AI high-density computing clusters have higher requirements for data center power supply, cooling, and high-speed networks, driving traditional computing power leasing to upgrade to high computing power and customized intelligent computing centers, significantly improving the overall value and profit space of the industry. Typically, contract liabilities are an important indicator of a company's orders. The total contract liabilities of the 34 computing power leasing companies that have disclosed their 2025 annual reports exceeded 83.8 billion yuan by the end of 2025, an increase of over 17% compared to the previous year. Furthermore, considering the market performance, there are only 10 computing power leasing concept stocks that have had cumulative gains of less than 11% since April and their increase in contract liabilities by the end of 2025 compared to the previous year is not less than 10%.