OpenAI’s $300B Cloud Spending Spree Reshapes Tech Sector

OpenAI is redefining corporate investment scales with a $300 billion cloud computing commitment starting in 2027. The five-year plan eclipses all existing data center growth forecasts, creating Ripple effects across tech markets.

Oracle emerged as an early beneficiary, with shares surging 36% after disclosing its OpenAI partnership—the stock's biggest single-day gain since 1992. The deal centers on 4.5 gigawatts of US data center capacity, equivalent to powering a small nation. Though Oracle's market cap briefly approached $1 trillion, enthusiasm waned as analysts flagged concentration risk—$455 billion of its backlog now hinges on one client.

The AI gold rush extends beyond Oracle. Broadcom notched a $10 billion chip deal linked to OpenAI, while Microsoft continues hosting most workloads on Azure. Nvidia cements its position as the silicon backbone of the generative AI revolution.