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Oracle’s shares hit a historic high after announcing a surge in cloud infrastructure commitments and ambitious growth targets in the generative-AI market, positioning the tech giant as a formidable contender among industry leaders.
Oracle’s shares rocketed to record highs, surging as much as 43% on September 10, 2025, after the company issued an unusually bullish outlook for its AI-driven cloud-computing business. According to Reuters, the one-day jump was Oracle’s largest percentage gain since 1992 and reflected investor enthusiasm for the firm’s strategy to win a larger role in the generative-AI infrastructure market. [1][2]
Executives told analysts the surge was underpinned by a string of very large customer commitments. CEO Safra Catz said Oracle signed four multi‑billion‑dollar contracts with three different customers in the fiscal first quarter, lifting a bookings measure to $455 billion, roughly four times the comparable backlog at one major rival. The company also forecast Oracle Cloud Infrastructure revenue would rise 77% to $18 billion year‑on‑year and set an ambitious target of $144 billion by 2030. Reuters and the AOL summary reported these figures. [1][2]
The outlook elevates Oracle into the top tier of cloud competitors in the AI race alongside Amazon, Microsoft and Google, even though its current cloud revenues remain much smaller than the market leaders. Industry comparisons cited by news agencies show Microsoft’s Azure generated about $75 billion over the past year and Amazon Web Services nearly $112 billion, underscoring the scale of Oracle’s stated growth challenge. [1][2]
Oracle’s positioning rests on large infrastructure deals and access to Nvidia GPUs. The company has announced major partnerships, including a high‑profile agreement with OpenAI to supply substantial U.S. data‑centre capacity, and plans to integrate advanced models into its applications and services. Reporting from Le Monde and earlier coverage credited co‑founder Larry Ellison with securing sizeable commitments, while Reuters and other outlets noted public contracts such as one with the U.S. Department of Agriculture. [1][5]
Larry Ellison signalled an aggressive roll‑out of capacity and partnerships during the earnings discussion, saying: “We expect MultiCloud revenue to grow substantially every quarter for several years as we deliver another 37 data centers to our three Hyperscaler partners, for a total of 71.” The remark, delivered during the call, was highlighted in company transcripts and press coverage. Analysts at Bloomberg Intelligence emphasised that Oracle’s $455 billion backlog places it well above some rivals and argued that the company’s cloud growth rate could now outpace Google’s. [1][2]
The broader cloud market is also shifting: OpenAI has diversified its infrastructure arrangements, with reporting that it struck a separate, large agreement with Amazon Web Services to access hundreds of thousands of specialised Nvidia chips, and remains in talks or partnerships across multiple cloud providers. That multi‑provider dynamic, together with reports that Oracle is in discussions with major tech customers such as Meta for multi‑billion‑dollar capacity deals, frames Oracle’s surge as part of a wider scramble among hyperscalers and AI firms for compute. Reuters, AP and other outlets covered these competing deals. [4][7]
The stock reaction also comes amid corporate leadership changes at Oracle. AP reported a management transition that named Clay Magouyrk and Mike Sicilia as co‑CEOs while Safra Catz moved to executive vice‑chair of the board, a shift presented by the company as part of a broader plan to accelerate cloud and AI growth. Coverage in Le Monde and El País positioned Ellison as the strategic driver behind Oracle’s renewed spending on AI infrastructure and its rapid pursuit of large cloud contracts. Those accounts add context to the market’s view that Oracle is attempting a fast pivot from traditional software into AI‑centric infrastructure. [3][5]
Short‑term market moves now reflect both the scale of Oracle’s commitments and the uncertainty inherent in forecasting multi‑year AI infrastructure adoption. Oracle’s targets imply a dramatic expansion from current cloud revenue levels and rely on continued success in closing and executing multi‑billion‑dollar contracts; independent analysts and market observers noted the gap between ambitious targets and present comparative scale. Nevertheless, for investors and competitors the company’s combination of large backlogs, strategic partnerships and access to GPU capacity presents a credible case that Oracle will be a major contender in the cloud AI market. [1][2][5]
##Reference Map:
- [1] (AOL/Business Insider/Reuters excerpt) – Paragraph 1, Paragraph 2, Paragraph 3, Paragraph 5, Paragraph 8
- [2] (Reuters) – Paragraph 1, Paragraph 2, Paragraph 3, Paragraph 5, Paragraph 8
- [3] (AP News) – Paragraph 7
- [4] (AP News) – Paragraph 6
- [5] (Le Monde/El País coverage) – Paragraph 4, Paragraph 7
- [6] (El País/Spanish coverage summarised) – Paragraph 4
- [7] (Yahoo/Reuters reporting on Meta talks) – Paragraph 6
Source: Fuse Wire Services
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