AI chip stocks wobble even as investors get clarity on a key OpenAI issue
AI chip stocks wobble even as investors get clarity on a key OpenAI issue
Even after investors got some apparent clarity on OpenAI’s financial position, investors are back to being skittish about chip stocks.
OpenAI serves as an important indicator of ongoing demand for artificial-intelligence chips and therefore of the spending on AI infrastructure. As such, investors in Nvidia, Micron and other AI heavyweights pay close attention to data points surrounding the ChatGPT maker’s financials.