U.S. Stock Market Special Situation | Baidu (BIDU.US) rises nearly 6%; Institutions forecast that global CSP total capital expenditure will exceed $600 billion in 2026.

According to the Securities Times APP, on Thursday, the Chinese cloud service giant Baidu (BIDU.US) rose nearly 6%, and Alibaba (BABA.US) rose over 3%. On the news front, North American cloud service providers (CSP) recently released their latest financial reports guidance, TrendForce expects the total annual growth rate of capital expenditures (CapEx) of the world's eight major CSPs to increase from the original 61% to 65% by 2025. It is expected that CSPs will continue to maintain a strong investment pace in 2026, with total capital expenditures further rising to over $600 billion, a 40% increase year-on-year, showing the long-term growth potential of AI infrastructure. The eight major CSPs include American companies Google, AWS, Meta, Microsoft, Oracle, as well as Chinese companies Tencent, Alibaba, and Baidu.