New Delhi, June 26 -- Global technology stocks resumed their selling streak in Friday's trade, but this time the weakness was driven not by valuation concerns or worries over hefty AI spending, but by media reports suggesting a potential delay in OpenAI's initial public offering (IPO), which triggered a brief trading halt on South Korea's Kospi index.

The impact was also felt on Wall Street, where major chipmakers and technology stocks traded lower as negative sentiment spread across global markets.

A New York Times report suggesting that OpenAI could delay its initial public offering (IPO) until 2027 also highlighted how quickly sentiment can shift across the AI sector.

The report triggered a 13% plunge in shares of OpenAI backer Soft...