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Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI , one of its major customers, in 2028, rather than 2027.

The delay is due to a shortage of labor and materials, according to the Friday report from Bloomberg, which cited unnamed people. Oracle shares closed down more than 4% on Friday.

"Site selection and delivery timelines were established in close coordination with OpenAI following execution of the agreement and were jointly agreed," an Oracle spokesperson said in an email to CNBC. "There have been no delays to any sites required to meet our contractual commitments, and all milestones remain on track."

The Oracle spokesperson did not specify a t

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