Nasdaq’s decline widened to 1%, while the Philadelphia Semiconductor Index fell more than 2%
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Nasdaq’s decline widened to 1%, while the Philadelphia Semiconductor Index fell more than 2%, with multiple chip stocks falling.
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Nasdaq’s decline widened to 1%, while the Philadelphia Semiconductor Index fell more than 2%BlockBeats reported that October 9, according to BIT(bit.com) market data, the Nasdaq’s decline widened to 1%, while the Philadelphia Semiconductor Index fell more than 2%; Intel and Marvell fell more than 4%，AMD, while Micron fell more than 3%, and Nvidia fell nearly 2%.
Earlier reports said that OpenAI’s annualized revenue was lower than previously reported by 20000000000 USD, reaching September at the end of 50000000000 USD, compared with the widely reported figure of 70000000000 USD.
Original link https://m.theblockbeats.info/flash/370875
Key points
01
According to BIT(bit.com) market data, the Nasdaq’s decline widened to 1%。
02
The Philadelphia Semiconductor Index fell more than 2%。
03
Intel and Marvell fell more than 4%；AMD, while Micron fell more than 3%; Nvidia fell nearly 2%。
04
The report mentioned that OpenAI’s annualized revenue as of the end of September was 50000000000 USD, compared with the previously widely reported figure of 70000000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Both the Nasdaq and the Philadelphia Semiconductor Index declined, and multiple chip stocks listed in the report also fell. The report also relayed OpenAI’s annualized revenue data, but that figure differs from the figure previously widely reported.
Why it matters to readers
This news reflects the decline in U.S. technology and semiconductor stocks at the time stated in the report, and also indicates that different figures have been reported for OpenAI’s revenue.
An index represents the overall performance of a group of stocks; an individual stock’s decline represents the extent of the decrease in that company’s share price.
Risks and unknowns
The market data was relayed from BIT(bit.com); the evidence does not provide an original market-data screenshot or an independent source.
The figure for OpenAI’s annualized revenue 50000000000 USD has not been confirmed by the company or another authoritative source in the evidence.
The evidence does not explain the reasons for these market declines.
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