Stargate's Next Step: OpenAI Leases 4.5 GW from ORCL
Schwab Network · Schwab Network
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Show Notes
Wednesday afternoon, Bloomberg reported that OpenAI will lease 4.5 gigawatts of computing power from Oracle (ORCL) for its Stargate initiative. Oracle committed $7 billion to Stargate so far and plans to spend another $25 billion through capital expenditures in 2026. Jeff Pierce talks about the latest development that's thrusting Oracle's stock momentum into the stratosphere. Joe Tigay offers an Example Options trade for the growing cloud company.
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