<ul><li>Oracle plans to buy $40 billion worth of Nvidia chips to power the first Stargate project, a data center in Abilene, Texas.</li><li>The data center is expected to be operational by mid-2026 and will provide 1.2 gigawatts of power, making it one of the largest in the world.</li><li>Stargate project, announced by President Donald Trump, aims to build AI-focused data centers in the U.S. with the first 10 in Texas.</li><li>AI data centers like Stargate's require specialized hardware and infrastructure to handle the computational power needed for AI workloads.</li></ul>

Oracle to Buy $40 Billion Worth of Nvidia Chips for First Stargate Data Center

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