Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTHarsh Chauhan, The Motley FoolSun, June 7, 2026 at 3:43 PM GMT+2 4 min readBroadcom is one of the leading players in the artificial intelligence (AI) infrastructure space, as it designs custom AI chips in high demand from hyperscalers.Broadcom stock has jumped by 388% over the past three years, and it has a market capitalization of well over $1 trillion. The good part is that investors can still buy it as it has terrific room for growth. However, there's another AI infrastructure stock that has been witnessing a phenomenal surge in its stock price of late and has the potential to reach a market cap of $1 trillion.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »The company I'm talking about here is Oracle (NYSE: ORCL), which currently has a market cap of $614 billion. Let's see why Oracle could soon join Broadcom in the $1 trillion market cap club.Image source: The Motley Fool.Oracle's valuation, strong earnings growth potential, and improving backlog point toward more upsideOracle is scheduled to release its fiscal 2026 fourth-quarter results after the market closes on June 10. The stock jumped impressively three months ago after reporting its fiscal Q3 results, driven by a beat-and-raise report.Oracle's revenue and earnings exceeded expectations, and it also raised its full-year guidance for fiscal 2027. It is worth noting that Oracle stock has found some momentum lately. It has jumped by 47% since the beginning of April, and the good part is that it still trades at an attractive 27 times forward earnings, while the tech-focused Nasdaq Composite index has an average earnings multiple of 40.Buying Oracle at this valuation, ahead of its quarterly report, could be a smart move. That's because the company can exceed Wall Street's expectations and boost its guidance once again. After all, Oracle was sitting on a massive $553 billion in remaining performance obligations (RPO) at the end of fiscal Q3.The metric grew by 325% year over year, suggesting that the demand for its cloud computing infrastructure remains solid. Moreover, Oracle's strategy of allowing customers to bring their own hardware and accepting advance payments should positively impact its bottom line and help ease cash flow pressure.So, it is easy to see why analysts anticipate Oracle's earnings growth will pick up.Data by YChartsWhy a trillion-dollar market cap seems quite achievableOracle stock needs to jump another 63% from current levels to achieve a $1 trillion market cap. According to the chart in the previous section, its earnings per share could reach $10.82 in fiscal 2028. For comparison, Oracle is estimated to have finished fiscal 2026 with $7.42 in earnings per share.Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info