AI chip and infra stocks as OpenAI $1.4T plan, $400B capex fuel correction bets

Investors are reassessing AI-linked chip and infrastructure stocks as heavy capital needs meet slowing growth outlooks. OpenAI's projected $1.4 trillion build-out and more than $400 billion in expected Big Tech data-center spending are stressing balance sheets, while names like Nvidia and Oracle have wobbled. With projections pointing to weaker earnings in 2026, many see rising odds of a sector rotation.