Prof G Markets · Monday, September 28, 2026
Oracle has issued a force majeure notice to the developer of its Project Jupiter data center, citing potential delays and seeking an option to delay payments if the facility is not operational by 2028. This move has led to a 5% drop in Oracle's stock price and is interpreted by many as Oracle's uncertainty about the viability of the large-scale data center expansion.
“Last week, Oracle sent a force majeure notice to the developer of its data center project.”
“The company wants the option to delay payments if the data center is not operational by 2028.”
“And a lot of people, I think, are correctly interpreting that as Oracle isn't sure that this whole data center build out is actually going to work out.”