Chip stocks fall as tech executives call for AI slowdown
AI leaders' calls to slow development of advanced models may pressure chip and supply-chain stocks in the near term, though strong demand for computing infrastructure could limit the long-term impact. Samsung Electronics shares fell 4.1% on Monday, SK Hynix 5.8%, Advantest 4.7% and Kioxia 9.3%. Anthropic CEO Dario Amodei also urged the industry to adopt stronger safeguards and slow development.
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