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Report Says OpenAI Misses Revenue Targets; Oracle Corporation (ORCL.US), Advanced Micro Devices, Inc. (AMD.US) Fall 7% Premarket, Leading Chip Stocks Lower
Recommend 4 Positive 4 Negative 8 |
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OpenAI has reportedly failed to achieve recent new user and revenue targets, triggering a sell-off in chip stocks. Among them, Oracle Corporation (ORCL.US) and Advanced Micro Devices, Inc. (AMD.US) fell nearly 7% in premarket trading, leading the decline. NVIDIA Corporation (NVDA.US) retreated more than 3% from its premarket highs, while Broadcom Inc. (AVGO.US) dropped 5% and QUALCOMM Incorporated (QCOM.US) slid 4%. CoreWeave, Inc. (CRWV.US) plunged more than 7%. (sw/t) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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