Tech Up as AI Profit Fears Fade — Tech Roundup
Shares of technology companies rose as fears about artificial-intelligence profitability waned.
Some Wall Street analysts suggested a recent report about more modest OpenAI revenue projections was somewhat skewed by technical issues, such as discrepancies between OpenAI's method of counting revenue and that of rival Anthropic.
Shares of semiconductor makers remained weak.
Shares of hyperscaler Microsoft rose sharply.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 09, 2026 17:52 ET (21:52 GMT)
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