Tech & AI
Microsoft winds down AI computing lease with Oracle
Microsoft (Nasdaq: MSFT) is winding down an arrangement to lease AI computing capacity from Oracle (NYSE: ORCL), Bloomberg reported, partly because the older Nvidia chips no longer meet its needs. The Wall Street Journal reported that OpenAI executives were discussing whether to reset data center capacity plans for next year. S&P said OpenAI accounts for a large share of Oracle's $664 billion contracted revenue backlog as of Aug. 31. Oracle spent $55.7 billion on capital expenditure, meaning buildings and equipment, in fiscal 2026. In the First Trust Cloud Computing ETF, Oracle is 2.99% of the portfolio.
The numbers
| Oracle (ORCL) price | $116.10 |
|---|---|
| Oracle (ORCL) change | +0.82% |
| Oracle (ORCL) market value | $350 billion |
| Oracle (ORCL) 52-week high | $248.15 |
| Microsoft (MSFT) price | $530.61 |
| Microsoft (MSFT) change | −0.99% |
| Microsoft (MSFT) market value | $3.9 trillion |
| Microsoft (MSFT) 52-week high | $555.95 |
| Amazon.Com (AMZN) price | $259.30 |
| Amazon.Com (AMZN) change | −0.35% |
| Amazon.Com (AMZN) market value | $2.8 trillion |
| Amazon.Com (AMZN) 52-week high | $284.02 |
| S&P 500 change | +0.31% |
| 10-year Treasury yield | 4.86% |
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