Oracle will seek a large additional funding round to expand its artificial intelligence (AI) data centers.
According to CNBC on the 10th, Oracle said it plans to raise an additional $20 billion through bond and stock issuance, on top of the $20 billion (about 30.4 trillion won) new share issue it already released. This brings the total size of Oracle's new funding effort to $40 billion (about 60.8 trillion won).
Oracle previously raised $43 billion (about 65.36 trillion won) in liability and $5 billion (about 7.6 trillion won) in equity in fiscal 2026.
Oracle released quarterly results that topped market expectations that day, but shares slumped on investor concerns about whether AI demand can justify the massive infusion of new capital.
Oracle said adjusted earnings per share (EPS) for the fourth quarter of fiscal 2026 (March–May) came in at $2.11, beating the market estimate of $1.96. Revenue was $19.18 billion (about 29.156 trillion won), also topping the market estimate of $19.1 billion. Revenue rose 21% from a year earlier.
However, after the additional funding plan became known, the stock is plunging in after-hours trading. As of 5:03 p.m. that day, Oracle shares were down 5.86% in after-hours trading.