CNBC Television·2025-12-10 23:26Financial Performance & Investment - Oracle's capital expenditures increased to $12 billion, up from $8 billion in the previous quarter [1] - Remaining performance obligations (RPO), representing the backlog of new cloud computing deals, reached $523 billion, an increase from $455 billion in the previous quarter [4] AI & Cloud Strategy - Oracle's number one expense in AI cloud computing is graphic processing units (GPUs), with a significant dependence on Nvidia [2] - Oracle is emphasizing chip neutrality as a key policy, exploring options beyond Nvidia, including AMD, Google, and Amazon [2][3] - Oracle is considering financing options where customers can bring their own chips or suppliers can lease chips for installation in their data centers [1] Customer Base & Market Perception - Oracle is highlighting customers beyond OpenAI, including Meta and Nvidia, to demonstrate a broader customer base [7] - The market is currently focused on Oracle's financing options for its data center buildout, seeking more clarity in the next 3 to 6 months [5] - A previous 36% stock price increase was attributed to the RPO number, but the market seems to be overlooking this metric currently [5]