According to Wedbush Securities, Oracle is making good progress toward becoming a primary infrastructure provider for artificial intelligence models, which should drive the stock higher. The research firm has given the software giant an Outperform rating. Additionally, shares were given a rating of $225, up 27.6% from Thursday’s close. “We believe Oracle is on its way to becoming a foundational infrastructure provider for the AI revolution, and the market is fundamentally misinterpreting the company’s aggressive, contract-backed investment cycle as speculative risk,” analyst Dan Ives said in a note to clients. He noted that Oracle is “at the beginning of a significant repositioning.” Oracle executives have already signed several deals with Silicon Valley heavyweights to move their company toward that goal, Ives added. In 2025, Oracle agreed to sell $300 billion worth of computing power to OpenAI over five years starting in 2027. The AI infrastructure…
How Oracle Plays Cheaply in AI The Wall Street Journal Article Source https://www.wsj.com/tech/ai/how-oracle-plays-cheaply-in-ai-30d84030 Facebook Twitter Pinterest LinkedIn Digg Tumblr Reddit Buffer…