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Asia chip stocks slide as OpenAI pause revives AI slowdown fears
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- Published
- Sep 28, 2026, 3:49 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-- Most Asian shares traded lower on Monday as renewed uncertainty over a possible U.S.-Iran truce pushed oil prices higher and rising global bond yields weighed on risk appetite, while chipmakers came under pressure after OpenAI paused training of some advanced artificial intelligence models.
Chinese equities hit a one-year low as tech and semiconductor stocks slide on US export policy shifts, with CSI 300 down 2% and major chipmakers