One OpenAI headline erased the entire Micron rally in 12 hours.
|
|
Micron posted one of the best earnings beats of the year Wednesday night. Fiscal Q3 crushed. Q4 revenue guidance came in at $50 billion — $7 billion above estimates. Stock ripped 15%. Semiconductors finally caught a bid after weeks of bleeding. |
Lasted 12 hours. |
The New York Times reported late Thursday that OpenAI is considering delaying its IPO until next year — spooked by SpaceX's terrible post-debut performance and the volatility hammering AI-related stocks. |
The market's reading it one way: if OpenAI can't raise capital at the valuation they want, the entire AI infrastructure spending boom might be built on sand. And if the flagship AI company is hesitating, what does that say about every chip maker betting billions on sustained AI capex growth? |
Micron's down 5% premarket. AMD and Intel each off 3%+. SoftBank — a major OpenAI backer — plunged 12% overnight. South Korea's Kospi dropped nearly 6%. Japan's Nikkei fell 4%. |
The assumption that AI spending never slows down just took its first real hit. And semiconductors are paying the price before the opening bell. |
Don's going live at 9:20 AM ET to break down what this means for the rest of the day — and whether this is a one-day panic or the start of something bigger. |
Watch Live → 9:20 AM ET |
— TheoTrade |
|
|
|
|
|
|
|
|
|
|
| |
Update your email preferences or unsubscribe here © 2026 Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results. PO Box 24790
Christiansted, Virgin Islands 00824, United States |
| Terms of Service |
|
|
|
|
|
|
0 Response to "The AI spending story just cracked"
Post a Comment