Nvidia vs Oracle: Which AI Play Actually Worth Your Money?

Both are riding the AI infrastructure wave, but the story’s totally different. Here’s the real talk:

Nvidia’s no joke: Revenue jumped 62% YoY to $57B, data center alone hit $51.2B (66% growth). Gross margin sitting pretty at 73.4%, free cash flow nearly $22B last quarter. CEO Jensen Huang’s angle? This isn’t one product cycle—it’s three “massive platform shifts” happening at once. Translation: still early innings.

But yeah, you’re paying 45x earnings for this dream.

Oracle’s playing catch-up (for now): Only 12% YoY revenue growth, though cloud revenue pumped 28% to $7.2B. The kicker? That $455B in remaining performance obligations (RPOs)—up 359%. They just signed four multi-billion-dollar deals. If they execute, this could get spicy. But P/E’s also around 46, so premium pricing applies here too.

Real talk: Nvidia’s already printing money and growth, Oracle’s betting on converting that massive backlog into reality. One’s proven, one’s promising.

Both carry risk—whether it’s concentration on handful of mega-customers (Nvidia) or execution uncertainty (Oracle). For AI exposure without the full casino vibes? Nvidia edges it out. Just know the stock demands patience and can swing hard.