Micron shares fall 4.8% following OpenAI revenue announcement
MU Micron Technology Inc
$1035.84 -4.79%
View chart & analysis → - 1Micron shares declined 4.8% on Thursday.
- 2OpenAI's annual recurring revenue was confirmed at $50 billion as of late September.
- 3This figure is lower than OpenAI's previously estimated annual recurring revenue of $68 billion.
So what's the key point?
OpenAI's annual revenue was confirmed to be $50 billion, which is lower than the previous estimate of $68 billion. Following this news, Micron shares fell 4.8%.
Source Nasdaq +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.