Macro Finance
Chip Stocks Sink After Report on OpenAI Revenue: Markets Wrap
Bloomberg Markets·October 7, 2026·1 min read
Chip stocks led a market selloff Thursday after the Financial Times reported OpenAI's annualized revenue is about $20 billion below what had been previously signaled. The report hit semiconductor shares, dragging major indexes lower as investors weighed the AI demand outlook. OpenAI did not immediately comment on the report.
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