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Semiconductor Stocks Decline as Microsoft Halts $3B Oracle Cloud Infrastructure Deal

Microsoft has reportedly walked away from negotiations with Oracle regarding a significant cloud infrastructure deal, leading to a decline in semiconductor stock prices. The cancellation was attributed to security concerns surrounding Oracle's cloud compliance.

2 min readZero HedgeUpdated Jun 17, 6:32 AM
technologyMicrosoftOraclecloud computing
This story is using an image pulled from the original reporting.
Story change
A later update changed part of this story.
Before: Microsoft has reportedly walked away from negotiations with Oracle regarding a significant cloud infrastructure deal, leading to a decline in semiconductor stock prices. The cancellation was attributed to security concerns surrounding Oracle's cloud compliance.
Why it changed: New information came in after the story first went live, so the earlier wording is no longer the best short read.
Now: <strong>[UPDATE 2:02 AM ET]</strong> <strong>Test Auto-Publish Feed:</strong> US Set to Offer Iran Broad Financial Gains in Peace Deal  Yahoo FinanceSee more headlines & perspectives on Google News <a href="https://news.google.com/rss/articles/CBMikAFBVV95cUxQVW82SV9qOU9RNHVjaXYyaFp2Ui16TUJVeDlZUDVscmR5S0k4dVlzRkdZR3Js
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