Chip stocks down: AMD, Nvidia, Intel, and Sandisk lead market selloff after AI bosses call for a pause

Anthropic CEO Dario Amodei published an open letter calling for a slowdown in development, an idea that was endorsed by OpenAI’s Sam Altman and others.

[Photo: MotionPixxleStudio/Adobe Stock]

Shares of major semiconductor companies fell in premarket trading on Monday, leading a broader stock market selloff as investors digested........

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