Oracle Takes on AWS and Microsoft with Nvidia Chip Investments for AI Cloud
Portfolio Pulse from Anusuya Lahiri
Oracle Corp is investing billions of dollars in Nvidia Corp chips to expand its cloud computing service targeting the AI boom. The company is also investing heavily in central processor units from Ampere Computing and Advanced Micro Device Inc. Oracle's cloud division is working to compete with larger rivals like Amazon Web Services and Microsoft Corp. In June, Oracle reported a 17% YoY increase in Q4 revenue to $13.8 billion, beating analyst estimates.
June 29, 2023 | 11:37 am
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POSITIVE IMPACT
Oracle's investment in CPUs from AMD could increase AMD's revenues and strengthen its position in the CPU market.
Oracle's investment in CPUs from AMD indicates a strong demand for AMD's products, which could increase its revenues and strengthen its position in the CPU market. This could potentially positively impact AMD's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Oracle's investment in Nvidia chips could increase Nvidia's revenues and strengthen its position in the AI chip market.
Oracle's investment in Nvidia chips indicates a strong demand for Nvidia's products, which could increase its revenues and strengthen its position in the AI chip market. This could potentially positively impact Nvidia's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Oracle's investment in Nvidia chips and CPUs from Ampere and AMD could strengthen its position in the AI cloud computing market.
Oracle's investment in Nvidia chips and CPUs from Ampere and AMD indicates a strategic move to strengthen its position in the AI cloud computing market. This could potentially increase its market share and revenues, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Oracle's investment in AI cloud computing could increase competition for Amazon Web Services.
Oracle's investment in AI cloud computing indicates a strategic move to compete with Amazon Web Services. This could potentially increase competition for Amazon, negatively impacting its stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Oracle's investment in AI cloud computing could increase competition for Microsoft Corp.
Oracle's investment in AI cloud computing indicates a strategic move to compete with Microsoft Corp. This could potentially increase competition for Microsoft, negatively impacting its stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60