Oracle Stock Surges on Trump's Stargate Project
Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what you need to know.


Oracle (ORCL) stock is surging in Wednesday after President Donald Trump unveiled The Stargate Project, which will invest up to $500 billion to build artificial intelligence (AI) infrastructure in the United States over the next four years.
The Stargate Project is a new company formed and funded by Japanese investment firm SoftBank, OpenAI, Oracle and technology investment firm MGX.
"This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world," said OpenAI in the press release. "This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies."

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
The firms will begin by investing $100 billion "immediately," OpenAI said, with up to $400 billion being invested in the years to follow.
The first joint venture of The Stargate Project will be the construction of data centers in Texas, Oracle co-founder Larry Ellison said, according to CNBC.
"While investors have become increasingly concerned about peak compute demand, this should go a long way to quelling these concerns and potentially adding growth runway for" AI chipmakers, including Nvidia (NVDA) beyond calendar year 2026, says UBS Global Research analyst Timothy Arcuri.
Arcuri adds that while details are thin at the moment, it "sounds like the project will at least initially rely very heavily on NVDA compute and hardware solutions."
NVDA, for its part, is up more than 4% in Wednesday's session, adding to Tuesday's gains that were sparked by Trump's reversal of Biden-era AI restrictions.
Is Oracle stock a buy, sell or hold?
Oracle has put in a solid performance on the price charts over the past 12 months, up 60% on a total return basis (price change plus dividends) vs the S&P 500's 27% gain. And Wall Street sees even more upside for the tech stock.
According to S&P Global Market Intelligence, the average analyst target price for ORCL stock is $194.41, representing implied upside of nearly 5% to current levels. Additionally, the consensus recommendation is Buy.
Financial services firm CFRA Research is one of those with a Buy rating on the large-cap stock, and raised its price target to $210 from $189 following the Stargate announcement.
"After a year of speculation, Stargate appears larger than we even anticipated," says CFRA Research analyst Angelo Zino. "The project has the potential to inject significant growth for ORCL and all the parties involved as more AI use cases emerge and we shift to a Physical AI world, with AI set to become embedded across more industries/enterprises."
Related Content
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.
-
Here's Why Walmart Deals are Better Than Amazon Prime Day
With sales for Walmart Deals and Amazon Prime Day running comparable on price, one factor separates them.
-
How to Get Rid of the Things Your Kids Don't Want While Downsizing
Whether moving by necessity or choice, downsizing means deciding what to do with your stuff. Here's what to do if the kids and grandkids don't want it all.
-
Five Things You Can Learn From Jimmy Buffett's Estate Dispute
The dispute over Jimmy Buffett's estate highlights crucial lessons for the rest of us on trust creation, including the importance of co-trustee selection, proactive communication and options for conflict resolution.
-
I'm a Financial Adviser: For True Diversification, Think Beyond the Basic Stock-Bond Portfolio
Amid rising uncertainty and inflation, effective portfolio diversification needs to extend beyond just stocks and bonds to truly manage risk.
-
I'm a Retirement Psychologist: Money Won't Buy You Happiness in Your Life After Work
While financial security is crucial for retirement, the true 'retirement crisis' is often an emotional, psychological and social one. You need a plan beyond just money that includes purpose, structure and social connection.
-
Recent Market Volatility Offers Valuable Lessons for Investors
Stocks will always rise and fall, but strategic investors can benefit through dollar-cost averaging, rebalancing in down markets and taking the long view.
-
Retiring Early? This Strategy Cuts Your Income Tax to Zero
When retiring early, married couples can use this little-known (and legitimate) strategy to take a six-figure income every year — tax-free.
-
Ditch the Golf Shoes: Your Retirement Needs a Side Gig
A side gig in retirement can help combat boredom, loneliness and the threat of inflation eroding your savings. And the earlier you start planning, the better.
-
The Best Aerospace and Defense ETFs to Buy
The best aerospace and defense ETFs can help investors capitalize on higher government defense spending or hedge against the potential of a large-scale conflict.
-
Roth IRA Conversions in the Summer? Why Now May Be the Sweet Spot
Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.