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Stocks Fall as Report on OpenAI Sinks Chipmakers: Markets Wrap

Bloomberg Markets·October 7, 2026·1 min read

Stocks fell as a report on OpenAI's revenue intensified worries that the artificial-intelligence spending spree is becoming harder to justify, triggering a selloff in chipmakers. The decline reflects investor concerns about the sustainability of AI-driven growth and its impact on semiconductor demand. Markets closed lower amid the tech-led downturn.

Read at Bloomberg Markets
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