Oracle Confirms No Critical Damage to Infrastructure at Flooded Project Jupiter Site
Oracle (ORCL) and STACK Infrastructure announced that no critical infrastructure was damaged at the Project Jupiter site in southern New Mexico, despite flooding reaching the campus. The companies confirmed on Wednesday that operations remain unaffected by the incident. The statement reassures stakeholders about the resilience of the facility's design against natural disasters like floods. Oracle emphasized that its planned schedule for the project remains intact and undelayed due to this event.
Tickers: $ORCL
Topics: corporate infrastructure natural disasters project updates