{
  "id": 12967970,
  "title": "Micron, Nvidia and AI chip stocks fall as report on OpenAI’s revenue causes ‘undue concern’",
  "url": "https://urgent.news/2026/10/08/micron-nvidia-and-ai-chip-stocks-fall-as-report-on-openais-revenue-12967970",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T22:08:00.000Z",
  "source": {
    "name": "MarketWatch Top",
    "slug": "marketwatch-top",
    "url": "https://www.marketwatch.com/story/micron-nvidia-and-ai-chip-stocks-fall-as-report-on-openais-revenue-causes-undue-concern-2a2bcf53?mod=mw_rss_topstories"
  },
  "original_language": "en",
  "account": null,
  "summary": "Shares of technology companies including Micron and Nvidia fell after reports on OpenAI's revenue. According to The Financial Times, OpenAI told investors its annualized revenue was approaching $50 billion at the end of September. This figure is lower than previously reported, with some outlets citing $70 billion.\n\nThe discrepancy in revenue figures is due to differences in calculation methods between OpenAI and its rival Anthropic. Anthropic includes revenue from sales through cloud partners, while OpenAI does not. As a result, investors had overestimated OpenAI's revenue. MarketWatch reports that analysts say the lower figure reflects these differences, not weakness in AI demand.\n\nOpenAI's revenue has grown more than 70% during the period, the company told investors. The revenue metric serves as a key indicator of overall demand for AI technology and influences infrastructure spending decisions in the sector, according to Investing.com.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Docs: OpenAI told investors its annualized revenue was nearing $50B at the end of September, well below the $70B reported by media based on investor docs (Financial Times)",
        "url": "https://urgent.news/2026/10/08/docs-openai-told-investors-its-annualized-revenue-was-nearing-50b-at",
        "published": "2026-10-08T16:51:53.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "OpenAI annualized revenue at $50bn, far below reports - FT",
        "url": "https://urgent.news/2026/10/08/openai-annualized-revenue-at-50bn-far-below-reports-ft",
        "published": "2026-10-08T17:05:06.000Z"
      },
      {
        "outlet": "CNBC Technology",
        "title": "Nvidia, Oracle, CoreWeave and other AI stocks sink on OpenAI revenue report",
        "url": "https://urgent.news/2026/10/08/nvidia-oracle-coreweave-and-other-ai-stocks-sink-on-openai-revenue",
        "published": "2026-10-08T18:18:31.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "OpenAI says its annualized revenue is actually $50 billion, not $68 billion",
        "url": "https://urgent.news/2026/10/08/openai-says-its-annualized-revenue-is-actually-50-billion-not-68",
        "published": "2026-10-08T18:50:23.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Tech stocks drag Nasdaq lower on report of OpenAI revenue fall, high yields",
        "url": "https://urgent.news/2026/10/08/tech-stocks-drag-nasdaq-lower-on-report-of-openai-revenue-fall-high",
        "published": "2026-10-08T19:56:06.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "OpenAI's annualized revenue $20 billion less than previously signaled, FT reports",
        "url": "https://urgent.news/2026/10/08/openais-annualized-revenue-20-billion-less-than-previously-signaled",
        "published": "2026-10-08T21:12:29.000Z"
      },
      {
        "outlet": "MarketWatch",
        "title": "Micron, Nvidia and AI chip stocks fall as report on OpenAI’s revenue causes ‘undue concern’",
        "url": "https://urgent.news/2026/10/08/micron-nvidia-and-ai-chip-stocks-fall-as-report-on-openais-revenue",
        "published": "2026-10-08T22:08:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}