NewsMV

Asian chipmakers fall as OpenAI revenue report stokes AI spending doubts

10/9/2026

Asian equity markets opened mixed on Friday, with semiconductor shares leading declines after a Financial Times report indicated OpenAI's annualised revenue is roughly $20 billion below previous estimates.

The disclosure renewed investor scrutiny over the sustainability of the massive capital expenditures supporting artificial intelligence infrastructure.

SoftBank Group (TYO:9984), a significant investor in OpenAI, dropped 5% in Tokyo trading, while other electronics and chip-related stocks also fell.

Kioxia declined 4% and Murata Manufacturing tumbled 5.3% as the Nikkei 225 index slipped 0.6%. The broader TOPIX index traded flat.