San Francisco, 29 April 2026 – Shares of major artificial intelligence-linked companies came under pressure after reports that OpenAI had missed internal revenue and user growth targets, raising fresh questions over whether the AI boom can continue supporting the massive infrastructure spending now priced into technology markets.

The sell-off affected companies closely tied to the AI infrastructure chain, including Oracle, CoreWeave and several semiconductor counters. Reuters reported that Oracle shares fell 3.4%, while CoreWeave slipped 2.8%, after a Wall Street Journal report flagged concerns around OpenAI’s growth trajectory and its ability to support large computing commitments.

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Author

Tim Clark
Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.
Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.