Oracle To Spend $40 Billion On Nvidia GB200 Chips For OpenAI's Texas Data Center: Report

Benzinga55minutes ago

Major U.S. Stock Indexes Drop as Trump Threatens EU With 50% Tariffs

WSJ13:34 ET

A L worth 40 billion USD! Oracle is aggressively purchasing NVIDIA chips.

Oracle will purchase 400,000 of NVIDIA's latest GB200 chips, totaling a value of $40 billion, to provide computing power support for the data center in Abilene, Texas, which is part of the U.S. Stargate program. After the announcement, Oracle's stock price briefly surged, turning from a decline to an increase, but ultimately still followed the market trend and closed down, with a drop of 0.85%.

wallstreetcn16:54 ET

Oracle Will Purchase Around 400,000 Of Nvidia's Gb200 Chips

Benzinga14:06 ET

Nvidia May Beat Q1, But Q2 Sales Could Fall To $41 Billion On China Ban, BofA Securities Analyst Warns

Benzinga14:01 ET

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Benzinga13:35 ET

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Benzinga13:01 ET

Decoding NVIDIA's Options Activity: What's the Big Picture?

Benzinga12:07 ET

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BenzingaMay 23 10:01 ET

Emergence Of UALink As A Viable Alternative Could Challenge Nvidia's Dominance, Analyst Asserts

BenzingaMay 23 10:00 ET

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BenzingaMay 23 08:28 ET

Tech Titans Unite For Stargate UAE In AI Venture

BenzingaMay 23 07:02 ET

Nvidia Earnings Preview: H20 Write-Down Hit, GB Server Outlook Brightens

Moomoo News GlobalMay 23 05:48 ET

Next week's "main event"! NVIDIA's performance will soon be revealed, and the stock price may fluctuate by more than 7%.

① NVIDIA will release its latest Earnings Reports after the market closes on May 28, and Options Trading dealers predict that its Stocks may experience volatility of up to 7.4% the following day; ② Despite significant volatility, data shows that the median ROI for investors who buy and Hold for 12 months before the Earnings Reports is nearly 120%; ③ Wall Street currently expects that NVIDIA will see substantial growth in revenue and profit for the quarter ending in April, but growth may continue to slow.

cls.cnMay 23 05:43 ET

Warning signals for US stock performance! More than half of American companies expect tariffs to consume at least a quarter of their revenue.

American companies are generally extremely worried about the negative impact of the constantly changing tariff policies led by President Donald Trump on their revenues.

Zhitong FinanceMay 23 05:26 ET

Coming Up Live: Nvidia Q1 FY2026 Earnings Conference Call

Moo LiveMay 23 03:25 ET

Israel Englander's Millennium Cuts Stakes In Nvidia, Microsoft, And Meta While Boosting Amazon Bet In Q1 Amid Strategic Talks With BlackRock, Goldman Sachs

BenzingaMay 23 03:15 ET

JPMorgan loans over 7 billion USD, fully covering OpenAI's Abilene giant data center.

Once completed, the project will become one of the largest data centers in the world, capable of housing 400,000 NVIDIA chips. Previously, JPMorgan provided a $2.3 billion initial loan, indicating that Institutions and investors continue to invest in the AI infrastructure boom. Oracle has signed a 15-year lease with the data center and will lease the chips to OpenAI for training its AI models.

wallstreetcnMay 22 22:50 ET

U.S. solar stocks experience a "cliff-like plunge"! The "Inflation Reduction Act" severely impacts green energy subsidies.

① Renewable energy stocks in the United States, represented by photovoltaics, experienced a "cliff-like crash" during trading on Thursday. ② The reduction in clean energy tax credits in the "Inflation Reduction Act" was more aggressive than expected.

cls.cnMay 22 22:12 ET

The leading company IonQ boldly declares it aims to become the "quantum NVIDIA," as all "quantum meme stocks" soar in the U.S. stock market.

Leading stock IonQ's share price soared nearly 37%. IonQ's CEO Niccolo de Masi stated that IonQ's position in the quantum field is similar to that of NVIDIA and Broadcom in the GPU field. A JPMorgan Research Report stated that quantum computing is expected to benefit from significant investments, with global public investment projected to reach 45 billion dollars by 2025.

wallstreetcnMay 22 21:10 ET