OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond
Published . Updated .
This report is about semiconductors and AI and big tech.
Directly affected
Indirectly affected
- SMH VanEck Semiconductor ETF+2.2% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story.
- SOXX iShares Semiconductor ETF+1.8% 30d
iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story.
- QQQ Invesco QQQ+1.7% 18d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- ASML ASML Holding N.V-8.0% 30d
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story.
- TSM Taiwan Semiconductor Manufacturing+4.5% 30d
Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story.
- MSFT Microsoft+8.4% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- AMZN Amazon.com+2.9% 30d
Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- AVGO Broadcom+0.9% 30d
Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GOOGLNo price data for this ticker | — | — | — | — | — | — | — |
| NVDA | +1.85% | -3.14% | base | +0.06% | after close | after close | after close |
| SMH | -0.22% | -5.49% | base | +1.02% | after close | after close | after close |
| SOXX | -0.17% | -6.36% | base | +0.63% | after close | after close | after close |
| QQQ | +0.56% | -2.36% | base | +0.09% | after close | after close | after close |
| ASML | +2.55% | -3.89% | base | +0.94% | after close | after close | after close |
| TSM | -1.17% | -4.24% | base | +0.26% | after close | after close | after close |
| MSFTNo price data for this ticker | — | — | — | — | — | — | — |
| AMZNNo price data for this ticker | — | — | — | — | — | — | — |
| AVGO | -1.34% | -6.05% | base | +1.00% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond 24/7 Wall St.
Source: 24/7 Wall St.
How far Vaneck Etf Trust (SMH) has moved since 28 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| ASML | that day | +0.94% | still updating |
| ASML | three days earlier | -3.89% | final price |
| ASML | five days earlier | +2.55% | final price |
| Broadcom (AVGO) | that day | +1.00% | still updating |
| Broadcom (AVGO) | three days earlier | -6.05% | final price |
| Broadcom (AVGO) | five days earlier | -1.34% | final price |
| NVDA | that day | +0.06% | still updating |
| NVDA | three days earlier | -3.14% | final price |
| NVDA | five days earlier | +1.85% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | +0.09% | still updating |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | -2.36% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +0.56% | final price |
| Vaneck Etf Trust (SMH) | that day | +1.02% | still updating |
| Vaneck Etf Trust (SMH) | three days earlier | -5.49% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | -0.22% | final price |
| Ishares Tr (SOXX) | that day | +0.63% | still updating |
| Ishares Tr (SOXX) | three days earlier | -6.36% | final price |
| Ishares Tr (SOXX) | five days earlier | -0.17% | final price |
| TSM | that day | +0.26% | still updating |
| TSM | three days earlier | -4.24% | final price |
| TSM | five days earlier | -1.17% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 44 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 62 days before publication. Filed 12 Sep 2026. View the filing.
- Rep. Cleo Fields bought Nvidia (NVDA), worth $1,001 - $15,000 on 1 Oct 2026. That is 27 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Nvidia (NVDA) (held by a dependent child), worth $1,001 - $15,000 on 23 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Nvidia (NVDA) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 82 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Cleo Fields bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 9 Oct 2026. That is 19 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 22 Sep 2026. That is 36 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Taiwan Semiconductor Manufacturing (TSM) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 64 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 28 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 30 days before publication. Filed 2 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vaneck Etf Trust (SMH)
Companies carried with this story
- SMH Vaneck Etf Trust
In “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story
- SOXX Ishares Tr
Ishares Tr (SOXX) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond.” Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story
- QQQ Invesco Qqq Trust, Series 1
For “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- MSFT Microsoft
Microsoft (MSFT) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond.” Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- GOOGL Alphabet
In “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond,” Alphabet (GOOGL) is linked, with no stored direction, medium confidence. Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- AMZN Amazon Com
In “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond,” Amazon Com (AMZN) is linked, with no stored direction, medium confidence. Reason on file: Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- AVGO Broadcom
In “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond,” Broadcom (AVGO) is linked, with no stored direction, medium confidence. Reason on file: Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story
- META Meta Platforms
In “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond,” Meta Platforms (META) is linked, with no stored direction, medium confidence. Reason on file: Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
Vaneck Etf Trust (SMH) and the semiconductors link
Vaneck Etf Trust (SMH) is the company in “OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond,” the 28 Oct 2026 Semiconductors story.
Vaneck Etf Trust (SMH) is on the page because VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story
Also listed, Ishares Tr (SOXX): iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story
Dates in the story, and the Vaneck Etf Trust (SMH) price range
QQQ traded between 701.18 and 762.84 across 18 sessions. The latest close on file is 721.22. SMH traded between 520.59 and 639.33 across 20 sessions. The latest close on file is 557.77. SOXX traded between 472.27 and 596.41 across 20 sessions. The latest close on file is 511.09.
The semiconductors score for Vaneck Etf Trust (SMH)
46 out of 100Price not final
“OpenAI Is Buying Google’s AI Chips, a Hit to Nvidia’s Biggest Customer Bond” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.