Oracle's shares surged nearly 11% following an announcement by US President Donald Trump regarding a $500 billion investment in artificial intelligence infrastructure. This investment will be made in collaboration with OpenAI and SoftBank as part of the Stargate AI initiative, which aims to enhance US competitiveness in the AI sector and maintain an edge over China. The announcement has garnered positive investor response, reflecting a growing interest in Oracle's potential role in the AI market. The stock price increase was noted at approximately 8.5% earlier in the day before the final surge.