Oracle Q4 to Reveal Demand for Intel Xeon, AMD GPUs

Oracle Corp. will report fiscal fourth-quarter results after the market close on June 10. Wall Street consensus expects adjusted earnings of about $1.96 per share and roughly $19.1 billion in revenue, a year-over-year increase near 20%. The company is based in Austin and trades on Nasdaq as ORCL.

Investors will watch the release for signs of demand for Intel server CPUs in Oracle Cloud Infrastructure. OCI already offers X12 Standard Acceleron Compute instances powered by Intel Xeon 6900 series processors. Oracle and Intel have validated generative AI inference workloads on OCI using Xeon CPUs. Any mention of extended Xeon deployments or new validation work on OCI would be noted ahead of Intel’s own quarterly report. Analysts rate Intel shares at “hold,” with street price targets as high as $200. Options-market pricing indicates expectations of a short-term move in Intel shares through the end of the week.

The report will also be monitored for details tied to AMD’s GPU deployments. In October, Oracle contracted to deploy 50,000 AMD Instinct MI450 Series GPUs on OCI, with rollout scheduled to start in the third quarter of 2026. Oracle has multi-year cloud agreements with customers including OpenAI, Meta and xAI. The pace at which Oracle scales GPU capacity will affect when AMD recognizes revenue in its data center business as those GPUs are deployed. Oracle reported remaining performance obligations of about $553 billion at the end of its third quarter.

Market participants will parse Oracle’s revenue results and any forward guidance on cloud capacity, customer commitments and infrastructure timelines for implications across the data-center hardware supply chain. Derivatives markets show positioning consistent with expectations for price moves in both AMD and Intel through the end of the week.