【US Stock Market Movement】Tower Semiconductor Plunges on October 12: AI Infrastructure Concerns and High-Level Pullback
Bitget异动解读2026/10/12 16:20Interpretation of Tower Semiconductor’s Sharp Decline on October 12
Keywords: AI infrastructure concerns, pullback from highs
1. On September 30, 2026, OpenAI disclosed an annualized revenue of nearly $50 billion, lower than the previously rumored $70 billion; on October 9, 2026, Oracle’s data center experienced pipeline and power supply issues, putting pressure on the pace of AI data center expansion and the expected demand for silicon photonics.
2. As of October 13, 2026, the company had risen by 80.80% since the beginning of the year, but fell by 14.93% in the past five days. The pressure of profit-taking after earlier gains remains, amplifying stock price volatility.
(Disclaimer: This content is summarized from publicly available information by AI technology and is for reference only; it does not constitute investment advice.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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