AIET Techabout 2 hours ago
AI Stocks Tumble After Safety Call
1 min read
AI-linked stocks fell sharply on September 14 after Anthropic CEO Dario Amodei urged companies to slow advanced model development for safety. The S&P 500 information technology index fell 1.68%, and the Philadelphia Semiconductor Index tumbled 5.9%. Infrastructure suppliers like Corning and Vertiv dropped, while software firms like Sage and RELX rose. The selloff highlighted the concentrated nature of the AI trade.
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