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Asia stocks slip as oil, yields rise; chipmakers hit by OpenAI pause
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- Published
- Sep 28, 2026, 8:01 AM UTC
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US artificial intelligence company
OpenAI is an American artificial intelligence (AI) public benefit corporation (PBC) headquartered in San Francisco, California. It develops proprietary generative AI models, particularly its generative pre-trained transformer (GPT) series of large language models. Its release of ChatGPT in November 2022 has been credited with catalyzing the AI boom; as of September 2026, ChatGPT is the fifth-most-visited website globally. OpenAI also releases the GPT Image models and Codex, an AI coding agent.
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Investing.com-- Asian stock markets fell broadly on Tuesday as surging bond yields and higher oil prices pressured risk appetite, while investors awaited the Reserve Bank of Australia’s interest-rate decision later in the day, with markets expecting another increase.
Asian shares mostly fell on Tuesday following Wall Street losses, while U.S. Treasury yields paused their runup after reaching their highest level in roughly two decades. U.S. futures edged lower, and oil prices climbed over uncertainties over U.S.-Iran talks and the possibility of a reopening of the Strait of Hormuz,…
Rising oil and US Treasury yields set a cautious tone, with Brent near $108.66 and 10-year yields pushing toward 5.25%.