Oracle's High GPU Utilization and Increased Capex Signal Strong Demand for Nvidia
Oracle reported strong utilization rates (97.5%) for GPUs in data centers, indicating sustained demand for AI hardware. This is positive news for Nvidia, which dominates the AI accelerator market with 80%-90% share. Oracle also plans to significantly increase its capital expenditures in fiscal 2027.
Topics: AI capital expenditures GPU demand Nvidia