Oracle stock slips 5% on report company is seeing thin cloud margins from Nvidia chips

1. Oracle's stock fell 5% amid doubts about Nvidia chip purchases. 2. Oracle reported only 14% gross margins on its Nvidia cloud sales. 3. Future AI projects may challenge Oracle's profitability with high Nvidia costs. 4. Oracle forecasts $144 billion cloud revenue by 2030, largely from AI chip sales. 5. Oracle collaborates with OpenAI for massive data centers utilizing Nvidia chips.