SoftBank shares slip as Oracle force-majeure notice on Stargate data center stirs AI funding fears

โดย Investing.com·USJP·Read original
Summary · why it matters

SoftBank Group shares fell nearly 3% in early Tokyo trading before paring the move to little changed after Oracle issued a force-majeure notice to a Blue Owl unit developing Project Jupiter, a large data-center campus that forms part of Stargate, the $500 billion AI infrastructure initiative involving Oracle, OpenAI and SoftBank Group. Oracle is seeking to protect itself from payment obligations if the project is delayed and fails to come online in 2028 as planned, according to people familiar with the matter cited by Reuters and Bloomberg, with the notice tied to potential delays in securing power. The development has raised broader questions over whether the huge amounts of capital committed to AI infrastructure can be deployed on schedule, particularly as developers face constraints around power, construction and financing. The timing is sensitive for SoftBank Group, which has been increasing its leverage to finance its AI strategy and this week raised $11.1 billion through dollar- and euro-denominated bonds, with proceeds aimed in part at funding its investment in OpenAI. Credit investors are becoming more selective toward AI-related debt, with Reuters reporting spreads on AI-linked bonds had widened to about 115 basis points versus 78 basis points for the broader market, while SoftBank's exposure extends into AI power and infrastructure through SB Energy, which is preparing a potential U.S. listing and carries a $430 billion data-center backlog that Reuters noted is concentrated among SoftBank and OpenAI and largely long-dated.

Impact on assets 2

Financials▼ · 1 stocks
SoftBank Group Corp.
9984
▼ NegativeCapitalrelevance

SoftBank shares slipped as the Stargate force-majeure notice raised AI funding fears, with SoftBank increasing leverage and raising $11.1B in bonds to fund its OpenAI investment.

Cloud & Digital Infrastructure▼ · 1 stocks
Oracle Corporation
ORCL
▼ NegativeRegulationrelevance

Oracle issued a force-majeure notice on the Project Jupiter data-center campus tied to Stargate, seeking protection from payment obligations if the project is delayed.

Theme Impact 8

Related news

▼impact 4

Oracle Force Majeure Notice on Project Jupiter Fuels AI Financing Fears

Oracle has served a force majeure notice on its Project Jupiter AI data center development in New Mexico, which is being developed by Stack Infrastructure and owned by Blue Owl Capital. Oracle says there is no delay and that things are going as planned, but Reuters is reporting a potential one-year delay on the buildout. The notice has renewed concerns about Oracle's leverage and what one guest called potential over-financing, and it raises the broader question of whether slowing projects could threaten the AI investment case. Goldman Sachs estimates the major US hyperscalers will spend about $800 billion in 2026, rising to $1.1 trillion in 2027, and says roughly $300 billion in annual AI revenue will be needed in the next few years to break even on those CAPEX numbers. Goldman also estimates that AI users would need to spend roughly $1 trillion annually on AI applications for the hyperscalers to generate solid returns on investment and for the application layer to generate strong profit margins on their compute expenses.
AMZNGOOGMSFTORCLOWL
Cloud & Digital Infrastructure ▼Artificial Intelligence ▼
Yahoo Finance·1hRead more →

Wison New Energies Unveils Floating Data Center Concept at Gastech 2026

Wison New Energies unveiled a floating data center concept at the Gastech 2026 conference in Bangkok, pairing its Floating Storage Regasification to Power technology with modular data-center infrastructure on a single offshore platform. The Floating Power Data Center, or FPDC, stores and regasifies LNG onboard and converts it directly to electricity for onsite computing racks, and the company is examining whether cold energy released during regasification could help cool the servers. The concept responds to mounting constraints on land-based data centers in the U.S., including multi-year grid interconnection queues, water-cooling objections and scarce land near metro and fiber hubs, as well as political backlash such as Texas Governor Greg Abbott's August directive to pause the state's data center permitting process pending a review of water and energy usage. Wison's most recent proof point in offshore execution came this summer, when it signed the EPCIC contract for the Baleine Phase 3 FPSO serving Eni's offshore field in Côte d'Ivoire, a nearly 308-meter facility designed to process 90,000 barrels of oil a day. At Gastech, Wison also signed a collaboration agreement with Shell to integrate Shell's Dual Mixed Refrigerant liquefaction technology into its floating LNG portfolio, the first time the process will be available across the wider FLNG market, and a strategic memorandum of understanding with Houston-based KBR covering engineering, advisory services and integrated project solutions. Norway's DNV granted the world's first FLNG ABATE Notation FEED Approval for Wison's Low Emission FLNG, and the Houston-headquartered American Bureau of Shipping granted Approval in Principle for Wison's Floating Storage and Regasification Unit design for ammonia.
SHEL.LSE ▲
Energy Transition & Power Demand ▲Artificial Intelligence Cloud & Digital Infrastructure
ExecEdge·1hRead more →
▲5impact 4

AMD Market Cap Tops $1 Trillion as Lisa Su's September Run Continues

Advanced Micro Devices crossed the $1 trillion market capitalization mark for the first time on Monday, with shares surging 9.9% amid a broader tech-stock rally. The milestone caps a September in which CEO Lisa Su sat at President Trump's table during the state dinner with Chinese President Xi Jinping, two seats from Trump and next to Elon Musk, and rang the opening bell at the New York Stock Exchange with first lady Melania Trump. AMD stock is up 193% year to date, far outpacing Nvidia's 22% gain. The chipmaker beat Wall Street expectations across the board for the second quarter, posting record non-GAAP earnings per share of $1.66 against consensus estimates of $1.61, with total revenue up 50% year over year to a record $11.5 billion and data center revenue more than doubling to $6.7 billion. AMD projected second-half 2026 server CPU revenue to grow 80% year over year and 70% in 2027, and expects data center revenues to more than double in 2027 with AI GPUs growing well over 100%. The company also unveiled its next-generation Instinct MI450 Series GPUs and 6th Gen EPYC Venice CPUs for its Helios rack-scale AI systems, alongside deals for Microsoft to deploy Helios across Azure AI services beginning in the second half of 2026 and for Anthropic to deploy up to 2 gigawatts of Instinct MI450 GPUs beginning in the first half of 2027, a deal that could be worth tens of billions of dollars over time, with AMD committing to invest up to $5 billion in Anthropic.
AMD ▲MSFT ▲NVDA
Artificial Intelligence ▲Semiconductors ▲Cloud & Digital Infrastructure ▲
Yahoo Finance·1hRead more →
© 2026 MarketDXNews