Stargate AI Data Center under construction in Abilene, Texas, United States, Tuesday, September 23, 2025. Stargate is a collaboration of Openai, Oracle and Softbank, with the promotional support of President Donald Trump, to build data centers and other infrastructures for artificial intelligence in the United States in the United States.
Kyle Grillot | Bloomberg | Getty images
Oracle The shares slipped 5% Tuesday after a report of information that raised questions on the company’s plans to buy billions of NVIDIA chips for rent as a cloud supplier to customers like OPENAI.
Oracle had 14% gross margins out of $ 900 million in sales in its Nvidia Cloud activity in the three months ending in August, according to the report, which cited internal documents. It is significantly lower than the global gross margin of Oracle by around 70%.
The report indicates that the recent transformation of Oracle into one of the most important cloud and artificial intelligence companies can present themselves to profitability challenges due to the expensive quantity of Nvidia chips and aggressive prices on its IA chip rentals.
In September, Oracle said that his right -of -up of cloud contracts, which he described as remaining performance obligations, had jumped 359% in one year. He planned $ 144 billion in cloud infrastructure income in 2030, compared to just over $ 10 billion in 2025.
A large part of these expected income comes from the role of Oracle in the Stargate project, in which the company supplier works with OpenAi to open five massive data centers filled with NVIDIA ia chips.
Action table at the start of the year for Oracle.
