Shares of semiconductor and chip-related companies are trading lower after reports suggesting that OpenAI's annualized revenue is approximately $20 billion less than previously indicated, which may weaken demand and pricing sentiment in sectors exposed to compute buildout.

Shares of Shares of semiconductor and chip-related companies are trading higher after Marvell's comments and sales targets at its investor day and AMD CEO Lisa Su's comments regarding high demand, both of which bolster confidence in the sector.

Why Is Astera Labs Stock Surging on Tuesday?

Astera Labs (NASDAQ: ALAB) stock is surging Tuesday amid a broader AI and semiconductor rally. Here’s what’s driving ALAB shares higher.

Marvell Stock Rallies as Investor Day Targets Smash Wall Street Estimates

Marvell investor day lifts fiscal 2028 revenue goal to $20B, the fifth raise in a year, and sets a $70B-$90B 2031 target. MRVL jumps 7%.

Microsoft's Visa Freeze Could Trigger an AI 'Brain Drain'

Microsoft’s visa freeze may have limited earnings impact now, but tighter immigration rules could push AI talent and R&D overseas.

OpenAI Revenue $20B Below Previous Reports, ORCL, NVDA Tumble

New figures put OpenAI’s annualized revenue near $50 billion, about $20 billion below earlier reports, as AI stocks fell.

Micron Analyst Sees Stock Nearly Tripling to $3,000, Warns Short Sellers: 'You Have an Expiry'

D.A. Davidson’s Gil Luria sees Micron reaching $3,000 as buybacks and AI-driven memory demand threaten short sellers.