US stocks fell on Monday as fears over a slowdown in AI model development hit Nvidia and chipmakers. Nvidia dropped 3.2%, while Intel, AMD and Marvell fell sharply. Defensive sectors gained, while software stocks including ServiceNow and Adobe rose as investors reassessed AI's market impact.

(Bloomberg) -- Equities fell around the world after leaders of the biggest artificial-intelligence firms proposed slowing the technology’s development, with an advance in oil…

Nvidia, Intel, ASML, SK Hynix, and SoftBank were among the hardest-hit names as investors weighed the implications of a deliberate cap on AI progress

Global tech and AI-linked stocks plummeted as investors reacted to growing safety concerns and calls from industry leaders like Anthropics CEO to decelerate AI development,…

Nvidia, Intel and AMD slide as executives urge caution over AI development pace

By Steve Goldstein and Britney Nguyen

US stocks fell on Monday as fears over a slowdown in AI model development hit Nvidia and chipmakers. Nvidia dropped 3.2%, while Intel, AMD and Marvell fell sharply. Defensive…

US tech stocks fell sharply on Monday as AI industry leaders called for a slower pace of development over safety concerns. The Nasdaq dropped 1.2%, while the S&P 500 fell 0.8%.…