Tech stocks slump
Digest more
The party may just be getting started for these foundational artificial intelligence (AI) stocks.
Micron and Sandisk have been two of the most defining AI stocks over the past year. The shifting focus from AI chips to memory chips produced tremendous returns for early investors, and people who missed out on those two growth stocks are eying new opportunities.
Global shares were trading mostly lower Tuesday, after artificial-intelligence stocks slid overnight. France's CAC 40 dipped 0.8% in early trading to 8,055.86, while the German DAX dropped 0.8% to 25,
The slump in AI stocks follows calls for a slowdown in advanced AI development from the leaders of Anthropic, OpenAI and SpacexAI.
Certain Wall Street analysts expect major losses for shareholders of Palantir and SpaceX.
The next AI stocks may not sell chips. Brandon Geisler explains why Carvana, GFL Environmental and Natera could benefit as AI adoption spreads across the economy.
Semiconductor stocks dropped 5-9% after AI leaders urged slower development. Analysts at UBS and BofA say AI investment won't slow. Here's what happened.
Shares of the iShares Semiconductor ETF tumbled nearly 6% on Monday as investors reacted to concerns that a slowdown in AI development could eventually translate into weaker demand for the chips and memory products powering the industry. Major semiconductor companies including Nvidia, Micron and AMD fell between 3% and 5% on Monday.
Artificial-intelligence stocks slid worldwide Monday after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile, briefly sent the yield of the 10-year Treasury to 5% for
AI warnings from Anthropic's Dario Amodei impact tech stocks like Nvidia, SpaceX, and Microsoft, causing a premarket decline.