Oracle CFO: Cloud Demand Strong As Company Touts Growth Targets
Detailed summary
Oracle Chief Financial Officer Hilary Maxson said the company will add 7 gigawatts of data center capacity. The post Oracle CFO: Cloud Demand Strong As Company Touts Growth…
Oracle (ORCL) Chief Financial Officer Hilary Maxson said demand for cloud infrastructure remains strong as the tech giant focuses on scaling up its data center capacity. Oracle stock was climbing Wednesday morning after CoreWeave's earning helped bolster confidence in AI stocks. In an interview with Investor's Business Daily, Maxson said she believes Oracle's recent investor day forecast should help answer…
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