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Oracle Founder Larry Ellison Just Delivered Fantastic News for Nvidia Stock Investors
ORCLOracle(ORCL) The Motley Fool·2024-09-25 08:22

A slowdown in Nvidia's business doesn't appear to be on the immediate horizon.Larry Ellison owns 42% of Oracle (ORCL -0.09%), a $465 billion technology giant that is building some of the most powerful data centers for artificial intelligence (AI) development. Nvidia (NVDA 3.96%) supplies Oracle and most other tech companies with data center chips called graphics processing units (GPUs). Nvidia has experienced an eye-popping surge in its revenue over the past year, and GPU demand continues to outstrip supply ...