Overview
- Bloomberg reported that some Oracle-built OpenAI data centers could slip from 2027 to 2028 due to labor and materials shortages.
- Oracle told CNBC there have been no delays to any sites required to meet its contractual commitments and said timelines were jointly agreed with OpenAI.
- Oracle shares fell as much as 6.5% intraday after the delay report, reflecting market concern over the AI buildout schedule.
- Co-CEO Clay Magouyrk said the Abilene, Texas facility remains on track and that more than 96,000 Nvidia chips have been delivered to the site.
- Broadcom CEO Hock Tan signaled major OpenAI hardware deployments are expected in 2027–2029 with limited progress in 2026, and OpenAI declined to comment on the delay report.