Oracle aims for $1 trillion valuation through AI growth
fool.com —
Oracle is positioned to potentially join the $1 trillion market valuation club, currently valued at $403 billion. The company is experiencing significant growth in its Cloud Infrastructure segment, which focuses on AI data centers, with revenue increasing by 49% year-over-year. Demand for AI data centers is rising sharply, with Oracle's GPU usage for AI training up 244% in the past year. The company plans to expand its data center footprint significantly, aiming for between 1,000 and 2,000 cloud regions in the long term. Oracle's earnings per share are projected to grow, with estimates suggesting a rise to $6.78 by fiscal 2026. If this growth continues, Oracle could reach a $1 trillion valuation within five years.