TradingKey – Oracle (ORCL)’s latest earnings report serves as another reminder to the market that massive capital continues to flow into AI infrastructure, and Dell (DELL) and Hewlett Packard Enterprise (HPE) may be among the beneficiaries.

Recently, Oracle reaffirmed at its earnings call that its fiscal 2027 capital expenditures will reach $90 billion to $95 billion, focusing on AI data center expansion, rack deployment, and networking equipment procurement. The key point is that Oracle Chief Financial Officer Hilary Maxson noted at the meeting that this massive spending will flow to core suppliers such as Dell and HPE.

This massive spending reflects strong potential demand for Dell and Hewlett Packard Enterprise. Investors quickly…