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AI STOCKS CRASH AS OPENAI MISSES REVENUE AND USER TARGETS 📉🤖🚩
WSJ Bombshell: Leading AI stocks including Nvidia, AMD, Oracle, and CoreWeave tumbled following a Wall Street Journal report stating that OpenAI missed its internal revenue and new user growth targets.
Growth Slowdown: OpenAI fell short of its goal to reach 1 billion weekly active users for ChatGPT by the end of 2025. Monthly revenue also missed expectations amid stiff competition from Anthropic and Google Gemini.
Infrastructure Concerns: Investors are worried that OpenAI might struggle to fund its massive data center contracts—estimated at $600 billion—sparking a domino effect across chip suppliers and cloud providers.
IPO Under Pressure: These disappointing figures arrive just as OpenAI gears up for a potential IPO later this year, casting a shadow over its trillion-dollar valuation ambitions.
Turns out even the AI "final boss" can run out of steam; it’s not all infinite growth and magic. Chip giants are catching a cold because their VIP customer is starting to sneeze. AI hype is flashy, but those massive data center bills are starting to look like a reality check OpenAI didn't see coming!
$NVDA $QQQ $AMD
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