Evidence that Nvidia's sales should continue to grow keeps pouring in.

Signs of accelerating capital spending for artificial intelligence (AI) infrastructure continue to flow. One tech giant astounded investors with its earnings report last night, which is driving shares of AI leader Nvidia ( NVDA 3.26% ) higher today.

Nvidia stock jumped nearly 5% this morning and remained higher by 4.5% as of 10:52 a.m. ET. Something that Oracle reported in its fiscal 2026 first-quarter release has investors even more optimistic about Nvidia's future.

Nvidia will continue to benefit from AI capital spending

Oracle said it signed several multibillion-dollar contracts in the first quarter alone. That allowed it to end the quarter with $455 billion in contracted revenue, or what it terms tota

See Full Page