CNBCยท2025-09-10 17:30Core Insights - Oracle Corp is projecting significant growth in its cloud infrastructure, forecasting sales to reach $114 billion by fiscal 2029, driven by high demand for artificial intelligence processing [1] - The company plans to invest $35 billion in capital expenditures for fiscal year 2026, primarily to support the expansion of its GPU cloud services [2] Group 1: Oracle's Growth and Market Impact - Oracle's anticipated growth trajectory is expected to benefit the entire cloud infrastructure sector, indicating a robust demand for AI-related services [1] - The bullish outlook on Oracle's cloud infrastructure segment, particularly from GPU demand, is positively influencing the stock prices of related companies, including Nvidia and other AI hardware suppliers [2] Group 2: Related Companies' Performance - Nvidia's stock rose by 4%, as its chips and systems are integral to AI data centers, which account for approximately 70% of the total budget for such facilities [3] - Taiwan Semiconductor Manufacturing Co. experienced a stock increase of over 4% after reporting a 34% sales growth in August, highlighting the strong demand for chips used in AI applications [3]