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Oracle's Data Center Spending Exceeds Expectations
1 week ago /
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Author：小编
Oracle's latest quarterly capital expenditure has surpassed expectations, raising investor concerns about the profitability of its AI infrastructure business. For the fiscal quarter ending May 31, the company's capital expenditure reached $15.9 billion, with the total annual capital expenditure climbing to $55.7 billion, exceeding the previously projected $50 billion. The capital expenditure is primarily allocated to data center construction.
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