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Nvidia Surges as Oracle Confirms Older GPUs Fetch 20% Premium

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Oracle validated Nvidia's hardware longevity thesis, reporting that four-year-old GPUs renewed at a 20% premium with 97.9% utilization.
  • Delivering over 300,000 GPUs and closing $30 billion in AI contracts, Oracle's strong results underscore durable, resilient demand for Nvidia AI compute assets.
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NVDA price history

218.29 +19.87% over the displayed period

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