AI Memory and Chip Stocks Drop Amid Report of OpenAI Delaying IPO

Shares in AI memory and chip stocks fell premarket on Friday as investors reacted negatively to a report that OpenAI is considering delaying its anticipated initial public offering (IPO) until next year. The decline also affected global peers, with South Korea's Kospi Index dropping about 6%.

By Ravikash Bakolia, SA News Editor · Seeking Alpha ·

AI Memory and Chip Stocks Drop Amid Report of OpenAI Delaying IPO

Topics: AI stocks Kospi Index memory stocks OpenAI IPO delay

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