MU, SNDK, INTC, AMD: Chip Stocks Slide After Anthropic Calls For AI Industry Slowdown
AI safety push sparks fresh debate even as investors weigh its potential impact on the massive infrastructure spending cycle. Anthropic urged frontier AI labs to prioritize independent safety testing and deliberate pacing. Shares of chipmakers, one of the biggest beneficiaries of the AI boom, fell sharply in overnight trading late Sunday. Investors remain focused on … Read more