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An AI bubble or a psychological domino? Why investors mustn’t confuse OpenAI’s health with that of the whole AI industry

An AI bubble or a psychological domino? Why investors mustn’t confuse OpenAI’s health with that of the whole AI industry

An AI bubble or a psychological domino? Why investors mustn’t confuse OpenAI’s health with that of the whole AI industry


After the Journal reported that OpenAI’s chief financial officer was worried its revenue growth couldn’t support its expansion plans, the shares of its partners tumbled. Oracle, which is building OpenAI’s data centers, fell about 3%. AMD, which has a deal to provide OpenAI with GPUs, was down 5.5%, while OpenAI’s chip-making partner, Broadcom, was down by more than 4%.

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