This silicon shopping spree was revealed during Oracle’s Q2 2025 earnings call, where Ellison casually mentioned that his firm had inked a multi-billion-dollar deal with AMD.

It’s a notable development considering that Oracle has already pledged eternal loyalty (and a 64,000-GPU cluster) to Nvidia via its ambitious Project Stargate.

AMD’s MI355X is the company’s answer to Chipzilla’s old punching bag and Nvidia’s new crown jewel, the Blackwell B100/B200. Built on TSMC’s 3nm process and using the new CDNA 4 architecture, the MI355X features 288GB of HBM3E memory and bandwidth that reaches 8TB/sec. It supports FP6 and FP4 formats.

Oracle’s massive order suggests that AMD might finally be cracking Nvidia’s 90 per cent stranglehold on the AI chip market. Sure, AMD had a few 2024 wins—like the MI300X chips shipping to Vultr and Oracle—but this is by far the most serious attempt yet to turn Team Green a little bit red.

Ellison claimed this hardware move is all about efficiency. “If you run faster and you pay by the hour, you cost less,” he said.

He reiterated Oracle’s budget-conscious data centre strategy: build small, expand later, and hope demand doesn’t ghost you.

Oracle’s 64,000-GPU Nvidia GB200 Stargate monster is still chugging along, with Ellison promising it’ll be the “biggest AI training project out there.”