Figma Stock Soars Following ChatGPT Integration Showcase at OpenAI's DevDay

Figma's Stock Surge Following OpenAI's DevDay Announcement

Figma Inc. (NYSE:FIG) experienced a significant stock price increase following OpenAI's DevDay conference in San Francisco. The company's shares jumped by 7.39% during regular trading hours and continued to rise by an additional 2.02% in after-hours trading, reaching $58.11 2

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. This surge marked Figma's largest single-day gain since its debut on the New York Stock Exchange in July 2

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ChatGPT Integration Showcase

The catalyst for this stock movement was OpenAI CEO Sam Altman's demonstration of Figma's integration with ChatGPT during his keynote speech at DevDay. Altman showcased how ChatGPT's 800 million monthly users can now seamlessly connect to Figma using OpenAI's Apps SDK 1

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Key Features of the Integration

Altman demonstrated the practical applications of this integration, stating, "You could sketch out a product flow for ChatGPT and then say, Figma, turn this sketch into a workable diagram" 1

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. The Figma app can generate various types of diagrams, including flow charts, sequence diagrams, state diagrams, and Gantt charts, directly from ChatGPT conversations 2

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Availability and Future Plans

The integration is currently available to ChatGPT users outside the European Union on Free, Go, Plus, and Pro plans 2

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. OpenAI plans to accept app submissions for Apps SDK review later in 2025, with intentions to create multiple revenue-generation opportunities through third-party integrations .

Impact on Figma's Market Position

This integration positions Figma at the forefront of the AI revolution in design tools. The collaboration with ChatGPT is expected to raise Figma's profile and potentially have a positive impact on its business 3

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. Figma has been improving its own AI-powered tools for designing apps and websites, leveraging OpenAI and other generative AI models 1

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Market Performance and Outlook

Figma's market capitalization stands at $27.90 billion, with an average daily trading volume of 9.25 million shares 2

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. The stock has gained 8.56% over the past month, trading within a range of $18.41 to $142.92 2

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. As AI continues to reshape the tech landscape, Figma's integration with ChatGPT could potentially drive further growth and innovation in the design software industry.