Oracle Declares Force Majeure on New Mexico Data Center, Shares Fall 5%
Oracle has issued a force majeure notice for its hyperscale data center project in New Mexico, reportedly tied to OpenAI's Stargate, in an apparent move to escape rapidly rising costs, sending shares down about 5% and raising concerns across the AI infrastructure buildout.
2026-09-24 ~ 2026-09-24 · 4 related posts
- Oracle sends force majeure notice over New Mexico data center, rattling AI compute supply chain — AIFlow_ML · 2026-09-24
- Report: Oracle sends force majeure notice on OpenAI's Stargate data center in New Mexico — ns123abc · 2026-09-24
- Oracle stock falls 5% after declaring force majeure on New Mexico data center — SumitGup · 2026-09-24
1 near-duplicate retellings: dinabass