Tech Giants Slide as Report Questions OpenAI's Revenue Projections

8 Oct 2026, 11:33 pm · 1h ago · 1 min read · OfficeChaiNew

Shares of major technology firms including Oracle, NVIDIA, Microsoft, and AMD fell sharply following a Financial Times report suggesting that OpenAI's annualized revenue is lower than previously reported. Oracle dropped nearly 5% on Thursday as investor scrutiny intensified over the monetization timeline of generative AI infrastructure investments. The broader market reaction reflects rising concerns about whether substantial capital expenditure in AI hardware and cloud computing capacity will yield projected returns. OpenAI remains at the center of the AI ecosystem, making its financial performance a key indicator for hardware and cloud infrastructure partners worldwide.