ChipsThe Motley Foolabout 3 hours ago
Massive News for Nvidia Stock Investors!
1 min read
Oracle reported a 97.5% global GPU utilization rate in data centers last quarter, signaling robust demand for Nvidia's AI accelerators. Oracle plans $70 billion in capital expenditures for fiscal 2027, with an additional $20-$25 billion from customer prepayments, driving further GPU demand.
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