Stargate AI Data Center under construction in Abelene, Texas, United States, on Tuesday, September 23, 2025. Stargate is cooperation with Openai, Oracle and Softbank, with promotional support from President Donald Trump, to build data centers and other artificial intelligence infrastructure throughout the United States.
Kyle Grillot Bloomberg Gety pictures
Oracle The shares decreased by 5 % on Tuesday after a report From information This raised questions about the company’s plans to buy billions of NVIDIA chips to rent as a cloud provider like Openai.
Oracle had a total of 14 % of $ 900 million in sales in its cloud business in NVIDIA in the three months ending in August, According to the reportThat was cited by internal documents. This is much lower than the overall total margin of approximately 70 %.
The report said that Oracle’s latter’s transformation into one of the most important cloud companies and artificial intelligence may face profitability challenges due to the cost of NVIDIA chips and aggressive prices on renting AI chips.
In September, Oracle said that the accumulation of cloud contracts, which it described as the remaining performance obligations, 359 % jumped per year. She expected $ 144 billion of cloud infrastructure revenues in 2030, an increase of more than $ 10 billion in 2025.
Many of these expected revenues from the role of Oracle In Stargate projectWhere the foundation seller works with Openai Open five huge data centers Filled AI chips from NVIDIA.
The stock scheme is a year until the history of Oracle.
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