Oracle gains on expanded AI chip partnerships, cloud capacity push

Cerebras Systems

27/10/2026 16:27

** Shares of cloud firm Oracle ORCL.N rise 4.8% to $132.2 
** Co says it is expanding its cloud AI chip deals with Nvidia NVDA.O and adding offerings from rivals like Alphabet's GOOGL.O Google
** Move will scale ORCL's AI infrastructure to multi-gigawatt capacity with NVDA's Vera Rubin servers, while adding GOOGL's Tensor processing units and chips from Cerebras CBRS.O and SambaNova for the first time
** Shares of CBRS up 9.1% at $118.2, on track for its biggest intraday percentage gain in over three weeks
** Diversifying chip suppliers gives customers more flexibility and choice to match the right infrastructure for the performance and economics of each AI workload - ORCL
** 33 of 41 brokerages rate ORCL "buy" or higher, seven "hold" and one "sell" or lower; median PT is $240 - LSEG-compiled data
** Including session's move, ORCL down 32.2% YTD

 (Reporting by Anand Gopal in Bengaluru)
 ((AnandGopal.R@thomsonreuters.com))