Semiconductor stocks fell sharply after prominent AI executives renewed calls for slower development of advanced systems, Reuters reported.
The selloff hit companies including Nvidia, Micron, Broadcom and AMD and came as the 10-year Treasury yield moved above 5%, increasing valuation pressure on high-growth technology stocks.
The market reaction shows how tightly AI investment expectations are connected to semiconductor demand. Any slowdown in model development or data-center spending could affect forecasts across the chip and infrastructure sectors.