Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

# Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/11/oracle-orcl-stock-q3-earnings-ai-data-center.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*