Oracle’s OCI deploys thousands of NVIDIA Blackwell GPUs
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Barclays: 'We see NVDA's announcement that Oracle has deployed GB200s at scale positively for two reasons'
April 28, 2025 12:37 PM UTCBarclays analyst Raimo Lenschow reiterated an Overweight rating and $202.00 price target on Oracle (NYSE: ORCL)
The analyst comments "We see NVDA's announcement that Oracle has deployed GB200s at scale positively for two reasons. Firstly, it could help to drive revenue momentum in Q4 and beyond. Secondly, Oracle is not far behind the other players (CRWV February, MSFT March) for this move, showing the technology progress at OCI. At its recent cloud day (see Oracle Corp.: 3 Main Takeaways From Data Center Tour, 4/3/25), Oracle showed the progress it has been making in... More
