Tech stocks slide as AI bosses call for slowdown in development

Price ActionRegulationIndustry Impact 4
โดย The Telegraph·USEU·Read original
Summary · why it matters

US tech stocks fell sharply on Monday after Anthropic chief executive Dario Amodei called for tech companies to reduce the speed of AI development, a call backed by OpenAI boss Sam Altman, Elon Musk and Google DeepMind chairman Sir Demis Hassabis. The Nasdaq Composite dropped as much as 1.3pc to 25,992.54, with Sandisk, Intel and Micron all falling more than 6pc and Nvidia, the world's largest company by market value, down 3.8pc; the Dow Jones Industrial Average fell as much as 0.4pc to 52,385.52 and the S&P 500 declined 0.8pc to 7,597.05. Donald Trump rejected the calls, writing on Truth Social that there is a "SICK conspiracy going on against AI and Data Centers," while Vice-President JD Vance called the industry's requests for regulation "a Trojan horse." In Europe, the Cac 40 in France, the Dax in Germany and the Ibex 35 in Spain each fell 0.6pc, with Germany's Infineon down 7.2pc and Dutch companies ASML and ASMI losing 4.8pc and 8.1pc respectively, while the FTSE 100 rose 0.6pc as software stocks including Sage, Relx and London Stock Exchange Group gained. OpenAI separately called on the UK Government to introduce mandatory safety rules for major AI developers, with the AI Security Institute playing a central role in third-party testing, and Canadian Prime Minister Mark Carney called for a global "technology stability board" modelled on the Financial Stability Board.

Impact on stocks 13

Semiconductors▼ · 5 stocks
ASM International NV
ASM
▼ NegativeTechnologyrelevance

ASMI lost 8.1pc as the push to slow AI development clouded the outlook for AI-driven semiconductor equipment demand.

ASML Holding N.V.
ASML
▼ NegativeTechnologyrelevance

ASML fell 4.8pc as AI leaders' slowdown calls weighed on semiconductor-equipment demand prospects.

Intel Corporation
INTC
▼ NegativeRegulationrelevance

Intel fell over 6% as AI leaders called for slowing AI development and new safety rules, threatening chip demand.

Micron Technology Inc
MU
▼ NegativeRegulationrelevance

Micron dropped more than 6% amid calls from AI bosses to slow development and introduce mandatory safety regulation.

Sandisk Corp
SNDK
▼ NegativeRegulationrelevance

Sandisk fell more than 6% as AI leaders' calls to slow development and regulate the industry hit chip stocks.

Artificial Intelligence± Mixed · 4 stocks
NVIDIA Corporation
NVDA
▼ NegativeRegulationrelevance

Nvidia fell 3.8% after Anthropic and OpenAI chiefs urged a slowdown in AI development and new safety rules.

London Stock Exchange Group PLC
LSEG
▲ Positiverelevance

London Stock Exchange Group gained as part of a UK software-stock rally on the FTSE 100, with no company-specific development.

Relx PLC
REL
▲ Positiverelevance

Relx gained as part of a UK software-stock rally, with no company-specific development cited.

Electrification & Mobility▼ · 1 stocks
Infineon Technologies AG
IFX
▼ NegativeTechnologyrelevance

Infineon fell 7.2pc as AI leaders' calls to slow AI development threatened demand for AI-related chips.

Cloud & Digital Infrastructure▲ · 1 stocks
Sage Group PLC
SGE
▲ Positiverelevance

Sage gained amid the FTSE 100 software-stock rally, with no company-specific news.

Financials▲ · 1 stocks
Consumer Staples▲ · 1 stocks

Off-coverage companies 3

AnthropicPrivate± Mixed
relevance

DeepMindPrivate± Mixed
relevance

OpenAIPrivate± Mixed
relevance

© 2026 MarketDXNews