On April 29, the mere possibility that OpenAI's growth rate may not meet expectations has already become a costly issue. The Wall Street Journal previously reported that the parent company of ChatGPT recently failed to meet its internal targets for new users and revenue. This has raised concerns for CFO Fleer regarding OpenAI's ability to pay for future computing contracts. OpenAI has denied that it is scaling back contracts and also denied any friction between Fleer and CEO Altman as the company seeks to conduct an IPO later this year. However, this did not prevent investors from selling off stocks most affected by OpenAI's future expansion plans. Nvidia (NVDA.O) fell more than 3%, and Broadcom (AVGO.O) dropped over 5%. This led to a combined market value loss of nearly $280 billion for the two companies. Other major chip stocks, including AMD (AMD.O), Intel (INTC.O), and Arm (ARM.O), also saw declines, dragging the Philadelphia Semiconductor Index down by as much as 4.6%. Microsoft has so far remained unaffected. UBS analyst Karl Keirstead wrote in a report, 'OpenAI wants to adopt more cloud services, while Microsoft aims to introduce more models, so the push for diversification seems to be the trend.'