Oracle loses $300 billion in value after massive OpenAI deal
Oracle just saw its market value drop from $615 billion to $315 billion in two months, right after signing a huge five-year, $300 billion cloud contract with OpenAI.
The deal kicked off in September 2025 and puts Oracle in charge of powering OpenAI's AI infrastructure.
Why does this matter?
This move ties Oracle's future closely to OpenAI's success—if things go well for OpenAI, Oracle wins big; if not, it could hurt.
Investors are nervous about putting so many eggs in one basket, especially since the company is taking on a lot of debt to build new data centers for the project.
Not all AI stocks are reacting the same way
While Oracle's stock took a hit, other tech companies linked to AI are seeing different results.
AMD, for example, jumped 24% after landing its own chip deal with OpenAI.
It shows that investor confidence isn't the same across all AI partnerships right now.