Oracle CFO: Plans to Add 7 GW of Data Center Capacity Over the Next Two Years

According to TechFlow, on November 12, Investor’s Business Daily reported that Oracle CFO Hilary Maxson said cloud infrastructure demand remains strong and the company plans to add 7 GW of data center capacity over the next two years, bringing total capacity to 10 GW.

Maxson said customers are still signing contracts for the next two to four years, and the company has not seen signs of a shift in demand. She noted that the land, power, and equipment required for large data centers make them difficult to bring online, but the company is confident in meeting its capacity additions target.

Oracle previously expected total revenue in fiscal 2030 to exceed $225 billion, capital expenditures to peak in fiscal 2027 and 2028, and positive free cash flow beginning in the second half of fiscal 2028.

Source: TechFlow