Tech giants are reeling as OpenAI misses Q1 revenue targets by 20%. The highly anticipated GPT-5 launch is officially delayed, with model specs slashed.

This volatility triggered a massive market sell-off: Microsoft dropped 4.3% and Nvidia plummeted 5.1%. Investors are now aggressively reassessing AI valuations.

The era of blind hype is over; the sector faces a harsh, cold reality check.