USSTOCK.TODAY
Weekend. Closed
Log in Sign up

Semiconductor stocks weaken following OpenAI revenue report: Arm Holdings shares fall

MarketWatch +1 ·

NVDA NVIDIA Corp
$229.28 -0.52%
View chart & analysis →
INTC -2.22% ORCL +4.21% ARM -3.27% QCOM -0.29%
  1. 1The Financial Times reported that OpenAI's annual revenue approached approximately $50 billion in late September.
  2. 2Arm Holdings shares closed at $275.29, recording a 6.48% decline on October 8, 2026.
  3. 3CEO Rene Haas stated that OpenAI was included among the customers joining the Arm Everywhere event.

So what's the key point?

News arrived that OpenAI's revenue has approached $50 billion. Arm Holdings shares fell 6.48% following the announcement that OpenAI is among its customers.

Source MarketWatch +1 · View original ↗

Related 3-line summaries

AMD to Acquire World Labs and NVIDIA's Physical AI Business Status The Motley Fool +1 · 2h agoCoreWeave experiences rapid growth with $104 billion in contract backlog Nasdaq +1 · 3h agoLumentum shares surge after announcing optical components sold out through early 2029 Barrons.com +1 · 3h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news