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Global AI stocks affected by development delays
Global AI-related stocks declined following warnings about the risks associated with the rapid development of the sector, including security threats and data related to cybersecurity risks. Concerns also rose over excessive funding and rising borrowing costs. The Nasdaq 100 index fell by 1.2%, with major companies like Nvidia, AMD, Micron, and SpaceX dropping between 1.6% and 6%. The European technology sector also experienced losses of 2.2%, along with declines in Japanese and Taiwanese share prices. Industry leaders called for slowing down development efforts to prevent potential misuse, reflecting fears of negative impacts on investments and the global economy.
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