Trump's 'Stargate' AI plan sends Oracle shares soaring
Portfolio Pulse from
Donald Trump announced a $500 billion AI Infrastructure network plan called Stargate, involving companies like Oracle and OpenAI. The announcement led to a surge in tech company shares, with Oracle being a key participant.
January 22, 2025 | 9:15 am
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Oracle is a key participant in Trump's $500 billion Stargate AI Infrastructure plan, which has led to a surge in its stock price.
Oracle's involvement in a high-profile $500 billion AI project is likely to boost investor confidence and drive up its stock price. The project's scale and potential impact on the tech industry contribute to the positive outlook.
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