Oracle's AI Chips Ran 97.9% Utilized Last Quarter. For Nvidia, That Is What a Shortage Looks Like.

Oracle's AI Chips Ran 97.9% Utilized Last Quarter. For Nvidia, That Is What a Shortage Looks Like.

The cloud giant added more than 300,000 GPUs in one quarter, and its fleet still ran nearly full. Even 4-year-old chips got a price bump.

Oracle (NYSE: ORCL) Reports 97.9% GPU Utilization As Nvidia (NASDAQ: NVDA) Chip Shortage Becomes Impossible To Ignore

Oracle Corporation (NYSE: ORCL) has put hard numbers on what Nvidia investors have long been asked to accept on faith, delivering a fiscal first quarter of 2027 that lays bare the scale of global AI chip demand. The software and cloud giant delivered 850 megawatts of artificial intelligence capacity to customers in the quarter ended […]

Oracle's AI Chips Ran 97.9% Utilized Last Quarter. For Nvidia, That Is What a Shortage Looks Like

Oracle (NYSE:ORCL) spent Thursday evening's earnings call putting numbers on something Nvidia (NASDAQ:NVDA) investors usually have to take on faith. The software and cloud giant delivered 850 megawatts of artificial intelligence (AI) capacity to customers in its fiscal first quarter of 2027 (the…