Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news
OpenAI has reportedly missed internal targets for active users and revenue, sparking investor concerns about its ability to sustain massive compute spending. The news rattled shares of key AI infrastructure partners including Nvidia, Oracle, AMD, and CoreWeave, which all saw pre-market declines. Despite recent fundraising success, analysts warn OpenAI could face a cash crunch by mid-2027 without continued large investments. Market skepticism grows over the sustainability of AI-driven growth forecasts amid rising competition and unmet performance goals.
- ▪OpenAI missed internal targets for active ChatGPT users and revenue, raising concerns about its financial trajectory.
- ▪CFO Sarah Friar expressed doubts about the company's ability to afford billions in future compute contracts.
- ▪Shares of Nvidia, Oracle, AMD, and CoreWeave dropped following the news, reflecting broader market unease.
- ▪OpenAI raised $122 billion in its latest round but may run out of cash by mid-2027 without further investment.
- ▪Competitors like Anthropic and Google's Gemini are gaining ground, challenging OpenAI's dominance in the AI space.
Opening excerpt (first ~120 words) tap to expand
Tech Industry Artificial Intelligence Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news News By Jowi Morales published 28 April 2026 OpenAI's apparent missed targets shake up investor confidence. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Getty Images / Bloomberg) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 1 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter OpenAI has reportedly missed its internal targets for the number of active ChatGPT users, as well as multiple revenue goals.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Tom's Hardware.
Discussion
0 commentsMore from Tom's Hardware
