Oracle Just Delivered Incredible News for Nvidia, AMD, Broadcom, and Micron Investors

Developing artificial intelligence (AI) models requires a substantial amount of computing power, which most personal computers and devices can't provide. Therefore, most of these workloads are processed inside large data centers that are filled with thousands of advanced chips from suppliers like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Broadcom (NASDAQ: AVGO), and Micron Technology (NASDAQ: MU).Oracle's (NYSE: ORCL) cloud data centers are among the fastest and most cost-efficient in the world, thanks to the company's recent investments in automation and innovative networking technologies. As a result, leading AI software developers like OpenAI, Meta Platforms, and Elon Musk's xAI are lining up to use them, which is driving a surge in revenue for Oracle's cloud infrastructure business.On Wednesday, Oracle released its operating results for its fiscal 2026 first quarter (which ended on Aug. 31). According to one key number in the report, the company is going to need significantly more data centers, which could be fantastic news for chipmakers. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool