Oracle, New Mexico and ORCL
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Oracle issued a force majeure notice on New Mexico’s Project Jupiter data center, impacting ORCL, Blue Owl and Bloom Energy shares—read the latest
The notice seeks to defer Oracle’s payments if Project Jupiter misses its planned 2028 opening, adding another complication to an $18 billion financing under pressure from delays and permitting disputes.
Oracle Share price today: Oracle is aiming to delay payments should the data center dubbed Project Jupiter get derailed and fail to come online in 2028 as planned, rather than exiting as the main tenant,
Oracle stock falls as New Mexico data center permit issues affect Project Jupiter plans, payments, and future artificial intelligence infrastructure growth.
Oracle (ORCL) stock fell 4% after filing force majeure on its delayed $165B Project Jupiter AI data center in New Mexico.