Oracle Stock Is Selling Off on Its Massive AI Spending Plans. Here’s Who Gets Paid When Oracle Spends.
Key Points Oracle’s fiscal 2026 capital expenditures reached $55.7 billion, topping the $50 billion management had forecast. Nvidia and AMD supply the graphics processing units at the center of Oracle’s cloud build-out. Dell expects about $60 billion of AI server revenue this fiscal year. 10 …