September 11, 2025

finance  
OpenAI, Meta, Nvidia, AMD Drive Oracle's $144B AI Cloud

Oracle's cloud business is experiencing a significant surge in demand, driven by AI workloads, with CEO Safra Catz projecting AI-driven cloud revenue to reach $144 billion by fiscal year 2030, a substantial increase from the less than $20 billion expected for the current fiscal year. This outlook has propelled Oracle's stock, with gains of up to 41% reported. The company's contract backlog has exploded to $455 billion, fueled by multi-billion dollar deals with major AI players including OpenAI, Meta, Nvidia, and AMD. To support this growth, Oracle is increasing capital expenditures, planning to spend approximately $35 billion in fiscal 2026 on data center infrastructure. This AI boom is creating a ripple effect across the tech sector, boosting related stocks like chip suppliers and infrastructure providers. In other AI news, Broadcom reported strong AI semiconductor revenue of $5.2 billion, while Taiwan Semiconductor (TSMC) shows sustained demand for AI silicon, serving as a key manufacturer for companies like Nvidia and AMD. Palantir Technologies and nVent Electric are also highlighted for their roles in the AI sector and data center infrastructure. Meanwhile, AI sales startup Addvocate.AI secured funding to enhance its AI-powered sales performance platform, and Leo AI raised $9.7 million for its AI engineering platform. Separately, Opendoor is exploring AI integration to improve operations, though fundamental financial challenges remain.

Key Takeaways

  • Oracle projects AI-driven cloud revenue to reach $144 billion by fiscal year 2030, up from less than $20 billion expected this fiscal year.
  • Oracle's contract backlog has surged to $455 billion, driven by deals with major AI companies like OpenAI, Meta, Nvidia, and AMD.
  • Oracle plans to increase capital spending to approximately $35 billion in fiscal 2026 to support AI infrastructure growth.
  • Broadcom reported $5.2 billion in AI semiconductor revenue for its third quarter of 2025, a 63% year-over-year increase.
  • Taiwan Semiconductor (TSMC) reported $11.1 billion in sales, indicating sustained global demand for AI silicon.
  • Palantir Technologies and nVent Electric have been added to IBD best stock lists due to their involvement in the AI sector and data center infrastructure.
  • Tunisian AI sales startup Addvocate.AI secured funding from 216 Capital to advance its AI-powered sales performance platform.
  • Leo AI raised $9.7 million for its AI platform designed for mechanical engineering tasks.
  • Opendoor is exploring the use of AI to improve operations, including pricing and in-home assessments.
  • Investor Eric Fry is launching a new system, Apogee, to identify high-potential stocks, including one he calls 'Nvidia on Steroids.'

Oracle stock soars on massive AI cloud revenue forecast

Oracle shares surged after the company announced a significant increase in its AI-driven cloud infrastructure sales forecast. CEO Safra Catz expects sales to reach $18 billion this fiscal year and grow to $144 billion by fiscal year 2030. This projection comes despite Oracle's first-quarter earnings and revenue slightly missing analyst expectations. The company's contract backlog also grew substantially, reaching $455 billion, driven by new multi-billion dollar deals with major AI companies. Oracle is investing heavily in data center infrastructure to meet this growing demand.

Oracle projects $144 billion in AI cloud revenue by 2030

Oracle's stock jumped significantly after CEO Safra Catz projected that AI-fueled cloud revenue will reach $144 billion by fiscal year 2030. This is a substantial increase from the less than $20 billion expected for the current fiscal year. The company reported first-quarter earnings below Wall Street expectations but highlighted a massive increase in its contract backlog to $455 billion. Oracle has secured major cloud contracts with companies like OpenAI and xAI, and is investing billions in data center infrastructure to support AI demand.

Oracle stock surges on $144 billion AI cloud revenue forecast

Oracle's stock experienced a significant jump after the company announced its AI-driven cloud revenue is projected to reach $144 billion by fiscal year 2030. This forecast represents a major leap from the less than $20 billion expected for the current fiscal year. Despite slightly missing first-quarter earnings and revenue estimates, Oracle's contract backlog surged by 359% to $455 billion, fueled by deals with major AI players like OpenAI and Meta. The company is increasing its capital expenditures to roughly $35 billion in fiscal 2026 to support AI infrastructure growth.

Oracle stock jumps 29% on $144 billion AI cloud revenue projection

Oracle's stock surged 29% in premarket trading following CEO Safra Catz's projection that AI cloud revenue will reach $144 billion by 2030. The company's contract backlog exploded by 359% to $455 billion, driven by significant deals with OpenAI, Meta, and xAI. Despite first-quarter earnings per share of $1.47 missing estimates, Oracle plans to increase capital spending to $35 billion in fiscal 2026 to support AI infrastructure. Oracle shares have gained over 70% in the past year due to its cloud transformation.

Oracle stock skyrockets 41% on AI cloud demand

Oracle's stock surged 41%, its largest one-day gain since 1992, following its AI cloud roadmap announcement. The company's remaining performance obligations, representing future booked revenues, jumped to $455 billion, fueled by new contracts with OpenAI, Nvidia, and ByteDance. CEO Safra Catz projects cloud unit revenue to grow 77% this fiscal year to $18 billion, reaching $144 billion by FY2030. Despite mixed quarterly results, Oracle's significant investments in data center infrastructure and AI are driving market optimism.

Oracle's 'awesome' quarter stuns Wall Street, stock up 36%

Oracle's massive cloud business backlog stunned Wall Street, boosting its stock by 36% and reinforcing its role in the AI market. The company reported remaining performance obligations, or future revenue from contracts, reached $455 billion. Oracle projects its Cloud Infrastructure (OCI) business will grow 77% to $18 billion this fiscal year and reach $144 billion by 2030. The company signed four multi-billion dollar contracts with major AI players like OpenAI and Nvidia, despite missing its first quarter earnings and revenue targets.

Oracle stock hits record high on strong AI cloud outlook

Oracle shares surged as much as 41%, reaching a record high, following an aggressive outlook for its cloud business driven by AI demand. The company's remaining performance obligations, a measure of bookings, reached $455 billion, more than four times higher than the previous year. CEO Safra Catz projects Oracle Cloud Infrastructure revenue to grow 77% to $18 billion this fiscal year, reaching $144 billion by fiscal year 2030. Oracle has secured major deals with OpenAI, Nvidia, and TikTok, positioning itself as a key provider of AI computing capacity.

Oracle stock soars on $144 billion AI cloud revenue forecast

Oracle shares rocketed after forecasting $144 billion in revenue by 2030, driven by the AI cloud boom. This projection is a significant increase from the $18 billion expected for the current fiscal year. The company reported first-quarter earnings and revenue below expectations but announced its contract backlog grew 359% to $455 billion due to four multi-billion dollar AI cloud deals. Oracle has signed contracts with major AI companies like OpenAI, xAI, and Meta, indicating strong demand for its cloud infrastructure.

Analysts impressed by Oracle's AI cloud growth projections

Analysts are expressing awe at Oracle's cloud growth projections, positioning the company as a leading AI player. Oracle reported a 359% increase in remaining performance obligations to $455 billion and now forecasts $144 billion in cloud infrastructure revenue by fiscal year 2030. The company signed four multi-billion dollar contracts with major AI clients including OpenAI, xAI, Meta, NVIDIA, and AMD. Several firms upgraded Oracle's stock, citing its strong position in the growing AI infrastructure market.

Oracle stock surges on 'staggering' AI cloud demand

Oracle's stock is experiencing its best day this century following a report of a 359% surge in remaining performance obligations to $455 billion. This metric, measuring contracted revenue, reflects massive demand for Oracle's AI-related cloud computing capacity. CEO Safra Catz stated Oracle expects its RPO to reach $500 billion soon, driven by deals with major AI companies like OpenAI, xAI, Meta, and Nvidia. Oracle projects its cloud infrastructure revenue to grow 77% to $18 billion this fiscal year, reaching $144 billion by fiscal 2030.

Oracle stock booms 40% on massive AI cloud backlog

Oracle's stock surged 40% after reporting a $455 billion remaining performance obligation, a 359% increase from the previous year. This massive backlog signals strong demand for Oracle's cloud services, particularly for AI workloads. The company projects its cloud infrastructure revenue to reach $144 billion by fiscal year 2030, up from $18 billion this fiscal year. Analysts are impressed by these numbers, with some calling the results 'truly awesome' and confirming Oracle's leadership in AI infrastructure.

Tunisian AI sales startup Addvocate.AI secures funding

Tunisian AI sales startup Addvocate.AI has received a strategic investment from 216 Capital to enhance its AI-powered sales performance platform. Founded in 2024 by Ridha Mami and Sofyan Chekir, the company offers a 'Sales Performance OS' designed to boost productivity by streamlining data and preparing teams for meetings. The funding will accelerate product innovation and international expansion, addressing the common issue of pipeline stagnation in sales, which affects 35-50% of opportunities.

Tunisian AI sales startup Addvocate.AI raises funds for global growth

Tunisian startup Addvocate.AI has secured funding from 216 Capital to advance its AI-driven sales performance solutions. Founded in 2024 by Ridha Mami and Sofyan Chekir, the company provides a 'Sales Performance OS' that acts as a digital co-pilot for sales teams. This platform aims to improve productivity by consolidating data and preparing teams for client meetings. The investment will support product development and international expansion, targeting the global issue of sales pipeline stagnation.

Can AI help Opendoor's business?

Opendoor's new interim leader, Shrisha Radhakrishna, believes artificial intelligence can significantly improve the company's operations, including pricing and in-home assessments. While AI can add efficiency, it may not fix fundamental issues like consistent losses and over $2 billion in debt. Many companies are finding that AI investments do not yield significant returns, and Opendoor's slim profit margins on house flipping make it challenging to cover operating costs. The company's stock has seen a significant rally, but its financial health and the effectiveness of AI integration remain concerns.

Oracle's AI cloud outlook boosts related stocks

Oracle's forecast of $144 billion in fiscal 2030 cloud sales, up from $18 billion in fiscal 2026, is driving significant gains across the AI sector. This outlook is lifting stocks of chip suppliers, infrastructure providers, and server companies. The surge in Oracle's stock, over 30% in premarket trading, is creating a ripple effect similar to the broader AI ecosystem's rally. This indicates strong confidence in sustained AI-driven growth across the technology industry.

Broadcom CEO plans to stay until 2030, discusses VMware and AI

Broadcom CEO Hock Tan announced he will remain CEO until at least 2030, focusing on VMware's integration and AI growth. The company reported $16 billion in revenue for its third quarter of 2025, with its Infrastructure Software segment, including VMware, generating $6.8 billion. Broadcom's Semiconductor Solutions business brought in $9.2 billion. Tan highlighted strong AI semiconductor revenue of $5.2 billion, up 63% year-over-year, and a record $110 billion consolidated backlog. Demand for non-AI semiconductors remains slow.

Taiwan Semiconductor's sales data shows AI boom continues

Taiwan Semiconductor (TSMC) reported encouraging sales figures, with revenue reaching $11.1 billion, indicating sustained global demand for AI silicon. Analysts anticipate a 25% increase for the September quarter. As a key manufacturer for chip designers like Nvidia and AMD, TSMC's performance serves as a proxy for generative AI demand. CFRA Research upgraded TSMC stock to Buy, citing its significant role in the AI supply chain and potential for continued growth.

AI stocks Palantir, nVent added to IBD best stock lists

Artificial intelligence remains a dominant market theme, with Palantir Technologies, a top AI software maker, and nVent Electric, a key supplier for AI data centers, being added to IBD best stock lists. Other additions include crypto play Riot Platforms. These selections highlight the ongoing strength and investment interest in companies associated with the AI sector and its supporting infrastructure.

Leo AI raises $9.7 million for engineering platform

Leo AI, a startup developing an AI platform for mechanical engineering, has raised $9.7 million, including a $5 million seed round led by Flint Capital. The platform aims to automate tedious tasks and speed up product development for engineers. Already adopted by over 20,000 engineers, Leo AI is trained on over one million verified engineering sources, achieving a reported 96% accuracy rate. The company's goal is to help engineers focus on innovation by handling repetitive tasks, potentially accelerating breakthroughs in various industries.

Why investors should own AI stocks now

Eric Fry, a renowned investor, is launching a new quantitative stock-picking system called Apogee, designed to identify stocks with 1,000%+ potential, including one he calls 'Nvidia on Steroids.' This comes as the jobs market shows signs of weakening, potentially indicating a recession. However, corporate earnings remain strong, suggesting AI is decoupling profits from traditional labor market indicators. Fry's system aims to leverage AI and extensive back testing to find future market leaders.

Sources

AI cloud revenue Oracle Oracle stock AI infrastructure cloud computing contract backlog OpenAI xAI Meta Nvidia ByteDance TikTok AMD Taiwan Semiconductor TSMC AI silicon generative AI Palantir Technologies nVent Electric data centers Leo AI mechanical engineering AI platform Addvocate.AI sales performance Opendoor Broadcom VMware AI semiconductors Riot Platforms Eric Fry Apogee system Nvidia on Steroids