Oracle (ORCL) Soars 3.7% on AI Infrastructure Push

Mover TrackerWednesday, Apr 23, 2025 7:56 am ET

1min read

Oracle's stock price surged by 3.7% in pre-market trading on April 23, 2025, reflecting a positive market sentiment towards the company's recent developments and strategic initiatives.

Oracle has been actively involved in the AI infrastructure sector, with its cloud infrastructure unit growing at an impressive 51% year over year. The company is strategically building AI training infrastructure by creating a massive 64,000 GPU deployment with Nvidia's chips. This initiative is part of Oracle's broader strategy to leverage AI and cloud services for future growth.

Oracle's Remaining Performance Obligations (RPO), a key metric highlighting the company's future revenue lock-in, soared 62% year over year to $130 billion in the third quarter of fiscal 2025. This significant increase in RPO, coupled with the upcoming Project Stargate, positions Oracle for substantial revenue growth in the coming years.

Oracle's AI Data Platform enables its vast customer base to analyze data stored in Oracle's existing databases using AI models from several prominent providers. This capability allows customers to derive insights from data while keeping it private and secure, providing a significant competitive advantage in the rapidly expanding AI inferencing market.

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