Nvidia, Micron, AMD Lead Chip Selloff on OpenAI IPO Delay Report Rattles Tech

Yahoo Finance · 2026-06-26

Nvidia, Micron, AMD Lead Chip Selloff on OpenAI IPO Delay Report Rattles Tech Nauman Khan Fri, June 26, 2026 at 11:08 AM EDT 1 min read MU AMD NVDA WDC STX This article first appeared on GuruFocus . A broad group of AI and memory-chip companies traded lower on Friday after reports suggested OpenAI may postpone its planned public offering until 2027, adding pressure across semiconductor and infrastructure names. The selling extended beyond the U.S. market. In Asia, major technology shares declined sharply, with investors reducing exposure to companies tied to artificial intelligence spending and memory-chip demand. Warning! GuruFocus has detected 5 Warning Signs with MU. Is MU fairly valued? Test your thesis with our free DCF calculator. Micron Technology ( NASDAQ:MU ), which recently reported quarterly results above Wall Street expectations, fell about 5% in premarket trading. Western Digital ( NASDAQ:WDC ), Seagate Technology (STX), and Sandisk (SNDK) also moved lower as investors reassessed sentiment toward the memory sector. Among AI-focused companies, Advanced Micro Devices ( NASDAQ:AMD ), Nvidia ( NASDAQ:NVDA ), Broadcom (AVGO), and Arm Holdings (ARM) traded in negative territory. Networking and optical-equipment providers including Ciena (CIEN), Arista Networks (ANET), Cisco Systems (CSCO), Coherent (COHR), and Lumentum Holdings (LITE) also declined. Chip-equipment manufacturers Applied Materials ( NASDAQ:AMAT ), ASML Holding (ASML), Lam Research (LRCX), and KLA Corp. (KLAC) were lower as weakness spread across the semiconductor supply chain. The moves suggest investors are taking a cautious stance toward AI-linked technology shares following the report.

AI 시장 분석

Reports that OpenAI is delaying its IPO (possibly to 2027) have weakened AI expectations, triggering a simultaneous sharp sell-off in AI- and memory-related names such as NVDA, AMD, MU. Declines spread to memory companies (MU, WDC, STX), GPU/AI chips (NVDA, AMD, AVGO), semiconductor equipment (AMAT, ASML, LRCX, KLAC), and network/optical equipment (CSCO, ANET, etc.). Technology stocks in Asian markets also fell, dampening global investor sentiment. In the short term, demand could slow as AI investment timing is pushed out, putting pressure across the semiconductor ecosystem; long-term fundamentals are expected to diverge depending on individual companies’ contracts and product portfolios.

하락 영향

Memory semiconductors — Memory semiconductors (MU, WDC, STX, etc.) face increased inventories and downward pricing pressure as expectations for data center and cloud expansion retreat following the OpenAI IPO delay.
GPU/AI semiconductors — GPU/AI semiconductors (NVDA, AMD, etc.) see weakened revenue growth momentum as postponement of AI infrastructure investments slows adoption by cloud providers and enterprises.
Semiconductor equipment — Semiconductor equipment (AMAT, ASML, LRCX, KLAC) faces larger downside risks to orders, utilization, and earnings as fab CAPEX delays lead to reduced equipment purchases.
Network and optical communication equipm — Network and optical communication equipment (CSCO, ANET, CIEN, LITE, etc.) will see revenue contraction and cascading declines in related equipment demand as data center upgrade and build-out demand slows.
Storage/HDD — Storage/HDD (WDC, STX, SNDK) will see shipments of high-capacity drives decline due to delayed data center investment, negatively affecting prices and profitability.
AI platforms and infrastructure ecosyste — AI platforms and services (companies linked to OpenAI, etc.) face greater risk of scaling back R&D and infrastructure expansion plans and reduced orders for partner firms due to IPO and fundraising delays.

AI가 생성한 분석으로 투자 자문이 아닙니다.

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