AI executives' calls to slow development of the technology are likely to weigh on chipmaker and supply-chain stocks in the near term, but will probably have limited long-term impact as spending on computing infrastructure remains strong, market watchers say.Semiconductor makers and other artificial intelligence-linked stocks may bear the brunt of any initial selloff on Monday, while investors assess whether a more cautious approach to developing advanced models will crimp earnings. Still, with demand for chips, energy and computing power continuing to outstrip supply, any weakness may prove short-lived.Calls for restraint have grown in the industry, with Anthropic Chief Executive Officer Dario Amodei saying Saturday that the company would introduce additional safeguards, including independent third-party evaluations, and urged the broader industry to slow the pace of development of their most advanced models. OpenAI CEO Sam Altman backed the proposal, while xAI's Elon Musk said "Dario is right."Read more: Nifty may rebound to 23,800; Rupak De picks Apollo, Laurus Labs and Eternal for the weekInvestors including Gary Tan, a portfolio manager at Allspring Global Investments in Singapore, are doubtful the latest developments will have long-lasting effects on the industry."It may cause some short-term pressure, but it's unlikely to derail the longer-term AI trade," Tan said. "AI development is still at a relatively early stage, and I'm not sure the rest of the ecosystem is willing to accept the current pecking order and slow down while the technology continues to evolve so rapidly."Concerns over the vast sums being poured into AI have weighed on technology stocks as investors question whether earnings can justify soaring infrastructure costs. The scrutiny has left high-valuation shares linked to the technology particularly vulnerable, with signs of increased spending or weaker returns triggering selloffs.The tech-heavy Nasdaq 100 Stock index has dropped more than 4% from the record notched in June, while a gauge of chip shares in the US has slumped 14% and Asian tech stocks have slid almost 8%. The benchmark S&P 500 Index and MSCI's gauge of global shares have both edged up about 0.6% in the period.Read more: Inside NSE IPO journey: Why India's largest exchange took 10 long years to reach Dalal StreetSome investors argue that a slower pace of AI development could ultimately be positive for the industry by giving companies more time to extract returns from infrastructure already being built."The three CEOs agreeing to pace things does not really change the money being spent on chips, power and infrastructure. In fact, it extends the development timeline," said Billy Leung, an investment strategist at Global X Management in Sydney. "If commercialization and adoption keep growing while the pace of new capability eases off a bit, that actually helps the shift from spending money to build things towards making money from what's already built - e.g., monetization."Sentiment toward Asian tech firms was already being challenged as traders firmed bets of a Federal Reserve rate hike this week and an increase in global borrowing costs this month, threatening to crimp profits.