Wall St Engine(@wallstengine):ORACLE SEEKS PROTECTION FROM DATA CENTER DELAYS $ORCL has issued a force majeure notice tied to Project Jupiter, the 2.45GW New Mexico data center that is part of the Stargate AI buildout, Bloomberg reports. Oracle is not trying to exit the project, but is seeking to delay payments if the site misses its planned 2028 opening. The project has faced permitting setbacks, including a six-month delay to a key gas pipeline. Its $18B construction debt is already trading below 90 cents on the dollar. Oracle says the project remains on schedule.

Wall St Engine

@wallstengine

Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.

加入 March 2022

972 正在關注 196.2K 粉絲

Wall St Engine@wallstengine

2026.09.24 12:32

ORACLE SEEKS PROTECTION FROM DATA CENTER DELAYS $ORCL has issued a force majeure notice tied to Project Jupiter, the 2.45GW New Mexico data center that is part of the Stargate AI buildout, Bloomberg reports. Oracle is not trying to exit the project, but is seeking to delay payments if the site misses its planned 2028 opening. The project has faced permitting setbacks, including a six-month delay to a key gas pipeline. Its $18B construction debt is already trading below 90 cents on the dollar. Oracle says the project remains on schedule.