Nasdaq declines widen to 1%, Philadelphia Semiconductor Index drops over 2%.
October 9th, according to BIT (bit.com) market data, the Nasdaq's decline widened to 1%, the Philadelphia Semiconductor Index fell over 2%; Intel and Marvell dropped more than 4%, AMD and Micron fell over 3%, and Nvidia declined nearly 2%.
Earlier news, OpenAI's annualized revenue is $20 billion lower than previously reported, at $50 billion as of the end of September, compared to the widely reported $70 billion.