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Oracle and OpenAI Scrap 600MW Stargate Expansion as Nvidia Swoops In With $150M Deposit to Secure Capacity

Oracle and OpenAI Scrap 600MW Stargate Expansion as Nvidia Swoops In With $150M Deposit to Secure Capacity

Mar 10, 2026
Tom's Hardware

Nvidia pays a $150 million deposit to seize 600MW of data center capacity in Abilene, Texas after Oracle and OpenAI scrap a planned Stargate expansion following failed financing negotiations and weather-related infrastructure setbacks, with Nvidia reportedly eyeing Meta as a tenant to keep the site exclusively running its own silicon.

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