COINOTAG News reports that Oracle‘s OpenAI data-center project has shifted the target from 2027 to 2028, driven mainly by labor shortages and material shortages in the construction supply chain. The adjustment highlights ongoing bottlenecks in AI infrastructure programs and introduces a more cautious timetable for enterprise cloud deployments linked to the OpenAI ecosystem.
Market data indicate Oracle shares plunged about 6% intraday on the news, while NVIDIA traded down roughly 2% in tandem, signaling a risk-off reaction across AI hardware equities. Investors should monitor supply-chain momentum and project milestones, as the shift could influence AI deployment guidance, data-center capex, and related sentiment in crypto markets that track tech-capex cycles.
Source: https://en.coinotag.com/breakingnews/orcl-n-oracle-delays-openai-data-center-to-2028-6-intraday-plunge-nvidia-down-nearly-2
