OFSS shares tumble 5% after Oracle sends ‘force majeure’ notice for data centre project. Are AI worries coming true?

Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a massive New Mexico AI data centre project. The development triggered financing concerns across AI infrastructure, sending OFSS stock to a nine-week low of Rs 10,332 on the NSE.

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