Oracle denies reports of key funding partner exiting its $10 billion data center project.

In Thursday's morning session, Oracle's stock rose by 2.3%, partially recovering from yesterday's decline. The company denied reports that a key financing partner had "backed out" of its $10 billion data center project. However, the uncertainty surrounding this issue continued to impact the broader AI concept, leading to the selling of chip and data center-related stocks and sectors. As a result, the company's stock experienced a significant drop yesterday.