Microsoft is ending its contract to rent AI computing capacity from Oracle, citing Oracle's use of older Nvidia GPUs that no longer meet its needs. Oracle disputes the impact, stating that even its older GPUs command a premium and are in high demand, with a 97.9% utilization rate. The contract was initially part of Microsoft's early AI efforts with Bing, but Microsoft is now focusing on newer hardware and fewer suppliers. Oracle's stock dropped to a 52-week low following the news, but the company expects strong revenue growth from other AI contracts. The next key update will come from Oracle's earnings report expected in December.
Oracle's market cap stands at $361.97 billion with a dividend yield of 1.72%, and its shares rose 0.86% on Pluang as of Nov 08, 2026 01:21 WIB. Microsoft, with a market cap of $3.94 trillion, saw its stock decline by 0.99% on the same platform and time. Nvidia, whose GPUs are central to this dispute, trades at $186.64 with a 2.78% gain and a market cap of $4.51 trillion, reflecting strong investor interest in its technology.
Microsoft is ending its AI cloud contract with Oracle, causing Oracle's stock to drop as much as 5.2% before a slight recovery. This deal, started in 2023, involved Microsoft renting Oracle's server capacity for AI-powered Bing, but Microsoft is now ...
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Microsoft is ending its agreement to rent artificial-intelligence computing capacity from Oracle, according to a Bloomberg report. This move has put pressure on Oracle's shares as it signals a shift in Microsoft's cloud AI strategy. The termination o...
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