Oracle's $55.7B AI Spending Targets Nvidia, Suppliers

Oracle's fiscal 2026 capital expenditures reach $55.7 billion, exceeding $50 billion forecast, with $75 billion in AI contracts involving prepaid GPU purchases. Nvidia benefits from Oracle's Zettascale10 superclusters using up to 800,000 GPUs. Oracle plans $70 billion net cash outlay in 2027, raising $40 billion in debt and equity. The spending flows directly to supplier revenue.