U.S. tech stocks fell on reports of a possible postponement of OpenAI's IPO
Futures on U.S. stock indices fell on Friday, with the technology sector bearing the brunt of the decline. Investors reacted to reports that OpenAI may postpone its long-awaited initial public offering until 2027.
Nasdaq 100 futures fell sharply, while S&P 500 futures also declined, continuing a challenging week for Wall Street’s tech sector. Market pressure intensified following reports that OpenAI—one of the most influential companies in the global race for artificial intelligence—is considering postponing its IPO due to market volatility and debates surrounding the valuation of AI companies.
According to media reports, OpenAI’s advisors have been discussing whether the company should wait until next year to maintain a potential valuation of up to $1 trillion, rather than going public earlier at a lower valuation. The possible postponement of the IPO has heightened investor concerns about the sustainability of the AI-driven rally, which has recently been one of the main drivers of U.S. stock market growth.
Technology and semiconductor companies, which were among the main beneficiaries of the AI boom, felt particularly strong pressure. Investors are becoming more cautious amid high valuations in the sector, rising infrastructure costs, and uncertainty about when large-scale investments in artificial intelligence will begin to consistently translate into profits.
Market sentiment was also influenced by concerns over rising component costs. Apple recently raised prices on certain MacBook and iPad models, citing a sharp increase in the cost of memory chips and storage devices due to high demand from data centers handling AI workloads. This underscored how the rapid expansion of AI infrastructure is beginning to affect not only cloud services and chip manufacturers but also the broader consumer electronics market.
Semiconductor manufacturers continue to benefit from strong AI-related demand, but this same trend is putting additional pressure on device manufacturers, who are facing higher production costs for key components. Analysts believe that these dynamics may continue to affect margins and pricing strategies for companies in the technology sector.
The market decline followed several volatile sessions on Wall Street. The S&P 500 and Nasdaq were already under pressure earlier this week, and investors are now assessing whether the weakness in AI-related stocks will remain a short-term correction or develop into a broader reassessment of tech companies’ valuations.
Despite the recent sell-off, artificial intelligence remains one of the key themes for global markets. At the same time, Friday’s trading activity shows that investors are becoming more selective—especially amid rising expectations for major AI companies, upcoming IPOs, and large-scale infrastructure spending.
Sends Messenger: A secure messenger for fast communication and privacy
Sends Messenger is a modern, secure messaging app for fast messaging, calls, file sharing, and private communication. The app is available for iOS and Android, supports end-to-end encryption for text messages, calls, photos, and videos, and is designed with a focus on user security and convenient communication from anywhere in the world.
