OpenAI's Partner Stock Plunges Pre-market, AMD Drops by 6%

BlockBeats News, April 28th, according to Bitget data, pre-market trading of OpenAI partner stocks saw NVIDIA down 2.8%, Microsoft down 1.2%, and AMD down 6%.

Earlier reports indicate that OpenAI has recently failed to meet its self-set targets for new user acquisition and sales, causing internal concerns that the company may struggle to support its massive spending on AI infrastructure. OpenAI fell short of its internal goal for ChatGPT to reach 1 billion weekly active users by the end of 2025. The company also faces challenges in subscriber churn rate. CFO Sarah Friar expressed concerns in discussions with other company executives that if OpenAI cannot ramp up sales quickly enough, it may not be able to afford its future computing needs.