Tigris | 会讲课教授是好老师 · 2025-12-15 · 帖子

The Oracle dump is rational… and that’s exactly why it might be wrong. Yes, Phase 2 is a cash-flow audit of the AI buildout. Builders get hit first. But the market’s shortcut is dangerous: it’s treating $ORCL as a pure infra bet. ignoring what happens when AI value migrates downstream into enterprise software, databases, and workflows. That’s where margins live. If AI actually becomes enterprise productivity, Oracle doesn’t just rent GPUs, it monetizes the software layer sitting on top of the world’s private data. The selloff may be pricing near-term financing risk as permanent impairment. That’s a classic misread. Link in reply.