Oracle surge lifts US chipmakers as AI optimism builds
** U.S. chipmakers' shares rise in early trading after Oracle ORCL.N says it expects booked revenue at its cloud infrastructure business to exceed half a trillion dollars
** ORCL shares jumped 34.7% to a record high of $325.90, putting the stock on track for its biggest one-day gain since 1992.
** Nvidia NVDA.O rises 4.2%, Advanced Micro Devices AMD.O up 4.2%, Broadcom AVGO.O climbs 7.1% to record high
** Analysts at BofA Global Research said that while the profitability of AI workloads remains debated, it is clear Oracle is capturing share in the large and fast-growing market for AI infrastructure. They estimate the AI applications industry will reach $155 billion by 2030.
** "Oracle shares soared amid optimism about AI-related revenue, sending a strong message to the broader market that the tech revolution is still red-hot" - Russ Mould, investment director at AJ Bell
** Philadelphia Semiconductor index .SOX up 16.8% YTD
Related Articles
Oracle Q1 FY2026 Earnings: Cloud Surge and Record RPO Fuel AI Optimism
TradingKey - Oracle Corporation (NYSE: ORCL) posted mixed Q1 FY2026 results, with total revenue and adjusted EPS slightly below consensus amid a shift to cloud services, but cloud revenue beat expectations with robust 28% growth. A massive RPO backlog of $455 billion, up 359% YoY
Will iPhone 17 Spark a New Upgrade Cycle? The Baseline iPhone Excites, But the Air Could Flop
TradingKey - After Apple’s 2025 fall launch event, Apple’s stock (AAPL) turned from gains to losses, as investors once again expressed dissatisfaction with what they saw as a lack of major innovation from the world’s top tech innovator. Analysts’ reviews suggest that the upgraded base iPhone 17
U.S. August CPI Preview: Persistent Rise in Inflation, What Impact on Rate Cuts? And on US Stocks?
TradingKey - On 11 September 2025, the U.S. will publish August CPI data. Consensus forecasts indicate a 0.3% month-over-month increase for both headline CPI and core CPI. As a result, headline CPI year-over-year may climb to 2.9%, up from 2.7%
Unlocking Gold’s Next Leg: $4,000 in Reach by 2025？
TradingKey - Gold has kicked off a fresh uptrend in early September, breaking out of months of compression and reclaiming key territory. The decisive move above $3,500 establishes a new support base and puts higher objectives back on the table for the weeks ahead
2025 Hottest US IPO Week: Klarna, Gemini, Figure Set for “Triple Launch”
TradingKey - 5 companies are now pricing their U.S. initial public offerings (IPOs) for the week starting September 8, with a total expected fundraising exceeding $3 billion, making it the busiest IPO week of 2025. Investors are closely watching the debut performance of Klarna, Gemini, and Figure.
