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OpenAI files for a massive IPO — buy the AI chipmakers powering the boom

OpenAI has officially filed paperwork to go public, setting the stage for a massive tech debut. This is fueling a rebound in the stock market, especially for AI and chip companies.

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The company behind ChatGPT is getting ready to sell shares to the public, which has investors excited about the entire AI industry again. This kind of massive event usually lifts the stocks that supply the 'picks and shovels' of AI — specifically the chipmakers. As OpenAI races to the stock market alongside SpaceX, money is flowing back into the tech sector. Buying the major AI hardware companies is a solid way to profit from this industry-wide wave.

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AMDNVDASMH1d#tech#AI#momentum#stocks

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