Energy Transfer supplies natural gas to Oracle's data centers, demonstrating how midstream infrastructure supports major tech companies.

The entities involved

• Oracle →

  company in Madrid, Spain

  • Major tech companies, including SpaceX, Google, and Nvidia, are expanding into AI technology, benefiting from increased demand for AI infrastructure and memory supply.Mon 11:53
  • Oracle's AI spending plan relates to OpenAI's compute needs, which in turn benefits Nvidia as a chip supplier.Mon 11:00
• Energy Transfer →

  American energy pipeline company

  • MPLX LP and Energy Transfer are noted as popular pipeline stocks, with MPLX operating in Ohio.Sat 22:22
  • Energy Transfer and Williams Companies operate in the energy sector.Fri 17:57
• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34

Related events

• Meta and Oracle are developing data center energy solutions in New Mexico, including gas supply agreements and solar projects, while regulators reject a pipeline.Jul 24
• Energy Transfer and Entergy signed a 20-year deal, supplying gas to Oracle, Nexus, and powering Meta's data centers across multiple states.Aug 31
• Oracle and NRG Energy both benefit from the trend of growing electricity demand.Sep 11
• Engie is supplying renewable energy to support Oracle's operational needs.Sep 17
• Oracle is seeking renewable power sources to support its data centers in New Mexico.Sep 10