Oracle is reportedly spending $40 billion on 400,000 Nvidia AI chips to power OpenAI's massive new Texas data center.

Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new U.S. data center, the Financial Times reported on Friday.

The data center is expected to be fully operational by mid-next year, and Oracle has agreed to lease the site for 15 years, ...

Stargate’s $500B AI push begins in Texas. Here are 10 key facts about the massive data center launched by OpenAI, Oracle, and ...

Oracle Corp. is buying $40 billion worth of Nvidia Corp. chips to build a data center for OpenAI, the Financial Times ...

As part of the deal, Oracle Corporation (NYSE:ORCL) will buy roughly 400,000 of Nvidia’s powerful GB200 chips and lease the ...

Oracle (ORCL) plans to spend about $40B on Nvidia's (NVDA) high-end chips to power OpenAI's new Texas data center, according ...

Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new US data center, the Financial ...

Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new U.S. data center, the ...

Assuming AMD trades at 27 times earnings after three years (in line with the Nasdaq-100's forward earnings multiple) and does hit the consensus earnings estimate, its stock price could jump to $188.