Oracle's stock is already seen as an AI beneficiary, but a UBS analyst thinks that Wall Street may be underestimating the company's opportunity there.
Oracle Corp.’s stock is already seen as an artificial-intelligence beneficiary, but UBS analyst Karl Keirstead thinks that Wall Street may be underestimating the company’s opportunity there.
“Our independent checks corroborated the notion that Oracle is benefiting from outsized allocations of Nvidia GPUs relative to its size,” Keirstead wrote. “We could be sitting in front of 6-12 months of GPU shortage noise and we haven’t even seen the $2 [billion] in AI start-up commitments convert to OCI usage.”
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