Oracle’s optimistic cloud infrastructure forecast triggered a tech sector rally, briefly making Larry Ellison the world’s richest person. The surge, fueled by strong AI infrastructure demand, boosted Nvidia, TSMC, and others. Oracle shares jumped 36%, while Broadcom surged 10%. Even competitor CoreWeave saw a 17% increase, reflecting market enthusiasm for AI compute. Post navigation Why Nepal unrest looks familiar: Echos of B’desh, Sri Lanka; & fears of larger plot ‘Not that far apart right now’: US envoy-designate to India says trade deal imminent