Oracle(US:ORCL) Jing Ji Ri Bao·2025-09-11 23:07Group 1 - OpenAI has signed a contract with Oracle to purchase $300 billion worth of computing power over the next five years, marking one of the largest transactions in AI history [1][2] - Oracle's stock surged by 35.95% following the announcement, reaching a market capitalization of approximately $933 billion, surpassing JPMorgan to become the 12th largest company globally [1] - The deal is expected to accelerate the construction of AI servers, with key suppliers like Hon Hai (Foxconn) and Inventec benefiting from increased orders [1] Group 2 - The contract will take effect in 2027, representing a significant risk for both OpenAI and Oracle, as OpenAI's annual revenue is currently about $10 billion, which is less than one-fifth of its average annual expenditure of $60 billion [2] - Oracle has indicated that this deal could contribute over $30 billion in annual revenue starting in 2027, significantly boosting its remaining performance obligations (RPO) to $455 billion, more than four times the amount from the previous year [2] - The growth rate of Oracle's cloud business is projected to exceed that of Google, as indicated by the substantial increase in RPO [2]