Reports Across Social Media That ChatGPT Is Down For Many Users
Portfolio Pulse from Benzinga Newsdesk
Reports across social media indicate that ChatGPT is down for many users. This outage could impact companies like Microsoft (MSFT) and NVIDIA (NVDA) that are associated with AI technologies.

June 04, 2024 | 9:09 am
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NEGATIVE IMPACT
Microsoft, a key player in AI technologies and a significant investor in OpenAI, could see short-term stock price volatility due to the reported ChatGPT outage.
Microsoft is a significant investor in OpenAI, the creator of ChatGPT. An outage in ChatGPT could lead to concerns about the reliability of AI services, potentially affecting Microsoft's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
NVIDIA, a major supplier of GPUs used in AI technologies, might see a minor impact on its stock price due to the reported ChatGPT outage.
NVIDIA supplies GPUs that are crucial for AI technologies like ChatGPT. While the outage might raise concerns, the impact on NVIDIA's stock price is expected to be minor.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60