--- title: "Tech stocks have now entered the second stage of 'immortals battling'." type: "Topics" locale: "zh-HK" url: "https://longbridge.com/zh-HK/topics/39612850.md" description: "💡 My takeaway summary: Tech stocks have now entered the second phase of "immortal brawling". It's no longer about who has the prettier PPT, but about who has thicker cash flow and more solid orders. 1. Meta (META) can be described as having AI money-printing power in one hand and a continuous stream of lawsuits in the other. Meta recently announced a $6 billion exclusive fiber optic agreement with Corning, frantically expanding its AI data centers; meanwhile, its financial report shows revenue exceeding $59 billion, with the accuracy of its AI ad targeting making Zuckerberg grin from ear to ear..." datetime: "2026-03-30T12:30:21.000Z" locales: - [en](https://longbridge.com/en/topics/39612850.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39612850.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39612850.md) author: "[奉壹](https://longbridge.com/zh-HK/profiles/22058986.md)" --- > 支持的語言: [English](https://longbridge.com/en/topics/39612850.md) | [简体中文](https://longbridge.com/zh-CN/topics/39612850.md) # Tech stocks have now entered the second stage of 'immortals battling'. **💡 My takeaway: Tech stocks have now entered the second phase of "immortals battling". It's no longer about who has the prettiest PPT, but about who has thicker cash flow and more solid orders.** ## 1\. Meta (META) can be described as having AI money-printing power in its left hand and a revolving door of lawsuits in its right hand. Meta recently announced a $6 billion exclusive fiber optic agreement with Corning, frantically expanding AI data centers; meanwhile, its financial report shows revenue exceeding $59 billion, and the precision of its AI ad targeting has Mark Zuckerberg grinning from ear to ear. Additionally, it just lost a landmark lawsuit over "child safety and social media addiction" over the weekend, facing hundreds of millions in fines and potentially even billions in potential settlement costs. Meta is now like a "high-IQ weird genius who's good at making money but has a bit of a bad reputation." Its investment in AI infrastructure has already left its competitors feeling desperate, with that "I have money so I'll buy out the fiber first" kind of arrogance. But regulatory pressure on the legal front is a lingering dark cloud over its head. As long as its "money-printing machine" ad business isn't broken, these fines are just a drop in the bucket. Meta is currently the most profitable in terms of AI implementation; this "money-making ability" can cover up the embarrassment brought by the vast majority of lawsuits. ## 2\. Oracle is like a low-key "infrastructure maniac" quietly stealing the game. Its recently announced financial report shows its Cloud IaaS revenue surging over 44%, with even Microsoft and Activision Blizzard scrambling to use its cloud services. Its backlog of orders, RPO, has reached an astonishing $553 billion, with extremely high gross margins. **It's saddled with about $108 billion in debt, and to expand production, it has to throw in $50 billion every year, with leverage pulled very tight.** Oracle is staging a textbook "second spring for an old-school giant." It avoids the spotlight battle that Nvidia is in, quietly selling "AI cloud shovels" in the background. **If Nvidia is the heart of AI, Oracle is now the blood vessels connecting the heart to the body. Its over $500 billion in orders basically secures its meal ticket for the next three years. As long as it isn't crushed by the massive interest on its debt, it remains one of the most stable assets in this AI cycle.** ## 3\. Nvidia is more wavering between "deification" and "valuation killing." At the recently concluded GTC 2026 conference, Jensen Huang unveiled the Rubin architecture, claiming a leapfrog performance lead over Blackwell. Huang even declared that cumulative revenue should hit $1 trillion by 2027. The stock has recently corrected over 10%, **and the market is beginning to enter an "AI anxiety period."** Everyone is worried about who will foot the bill for this $1 trillion in revenue? Coupled with the shadow of export restrictions, not moving up has become the short-term norm. Nvidia is now the "shared faith" of global retail investors, but faith that's too expensive can easily make people fear heights. Huang's current rhythm is "one architecture per year," practically grinding Moore's Law into the dust. **The current decline isn't due to broken fundamentals, but because everyone is experiencing "aesthetic fatigue." If the Rubin architecture can smoothly enter mass production in the second half of the year, those short sellers will have to come back and line up to buy cards.** ## 4\. Apple can be summarized as the "latecomer" of the AI era finally turning in its paper? ## Rumors suggest Apple will completely open up the deep AI interfaces for Vision Pro at the upcoming developer conference and may reach a more fundamental on-device AI agreement with Google or OpenAI. Global sales are sluggish, especially with competition heating up in the Asia-Pacific market. Apple's recent performance is like a "steady old man," watching the younger folks next door, Meta and Nvidia, having a blast, while he just sips tea quietly. But don't forget, Apple holds the world's highest quality closed-loop user base. Apple doesn't lack AI technology; it lacks a killer AI app that even aunties can get their hands on. Once it stuffs AI into every iPhone and it's actually good, its valuation recovery will be fiercer than anyone else's. ### 相關股票 - [Pros (PRO.US)](https://longbridge.com/zh-HK/quote/PRO.US.md) - [Oracle (ORCL.US)](https://longbridge.com/zh-HK/quote/ORCL.US.md) - [Meta Platforms (META.US)](https://longbridge.com/zh-HK/quote/META.US.md) - [Apple (AAPL.US)](https://longbridge.com/zh-HK/quote/AAPL.US.md) - [GraniteShares 2x Long AAPL Daily ETF (AAPB.US)](https://longbridge.com/zh-HK/quote/AAPB.US.md) - [Direxion Daily AAPL Bear 1x Shares (AAPD.US)](https://longbridge.com/zh-HK/quote/AAPD.US.md) - [Direxion Daily AAPL Bull 2X Shares (AAPU.US)](https://longbridge.com/zh-HK/quote/AAPU.US.md) - [T-Rex 2X Long Apple Daily Target ETF (AAPX.US)](https://longbridge.com/zh-HK/quote/AAPX.US.md) - [Kurv Yield Premium Strategy Apple Aapl ETF (AAPY.US)](https://longbridge.com/zh-HK/quote/AAPY.US.md) - [YieldMax AAPL Option Income Strategy ETF (APLY.US)](https://longbridge.com/zh-HK/quote/APLY.US.md) - [ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D (ORCL-D.US)](https://longbridge.com/zh-HK/quote/ORCL-D.US.md) - [NVIDIA (NVDA.US)](https://longbridge.com/zh-HK/quote/NVDA.US.md) - [Apple Group (603020.CN)](https://longbridge.com/zh-HK/quote/603020.CN.md) ## 評論 (3) - **一腚赢 · 2026-03-30T12:38:28.000Z**: Here we go again with the hype!! What's going on with Oracle? - **奉壹** (2026-03-30T12:40:21.000Z): Hahaha, quite objective. There are both good and bad points, bro, just hold on. - **Luka Wu** (2026-03-31T03:35:32.000Z): How long will it take for Oracle to return to $300? What's your view on this?