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Oracle's $638B Backlog Fuels AI Cloud Boom Despite Cash Burn

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Oracle and Supermicro FY2026 results highlight AI infrastructure momentum—Oracle's $638B backlog and 93% cloud growth, Supermicro's margin doubling—though both burned significant cash, raising sustainability questions for AI capex spending.
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