Technology: Investors on high alert: Chip industry concerns are growing
The apocalypse scenarios of the AI chiefs recently destroyed several hundred billion dollars in stock market value. More than ever, investors are doubting the rosy forecasts of the entire industry.
Global chip stocks have lost over $600 billion in market value at the start of the week. Nvidia's market capitalization alone dropped by $177 billion. Investors are increasingly doubting the industry's growth forecasts as the construction of new data centers for Artificial Intelligence may slow down. The CEO of Anthropic, Dario Amodei, has called for a slower development pace for AI models to allow for safety training and more robust testing. OpenAI has also delayed its planned IPO due to safety concerns, alarming investors.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
