{
  "id": 8820560,
  "title": "Amodei, Altman, and Musk Called for an AI Slowdown. Here’s Why It’s a Warning Sign for ASML Shareholders.",
  "url": "https://urgent.news/2026/09/19/amodei-altman-and-musk-called-for-an-ai-slowdown-heres-why-its-a",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T17:30:02.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/technology/ai/articles/amodei-altman-musk-called-ai-173002836.html"
  },
  "original_language": "en",
  "account": "ASML shares experienced a sharp 6% decline in a single trading session due to a warning from tech leaders to slow AI model development. The leading chip equipment company builds the machines that manufacture advanced chips, and is the only firm capable of producing cutting-edge lithography machines. ASML's role is crucial in the global semiconductor supply chain, as its equipment is essential for chipmakers like Taiwan Semiconductor to build new factories, which in turn depends on future AI growth expectations. When prominent figures like Dario Amodei, Sam Altman, and Elon Musk called for a slowdown, investors began to reconsider future growth bets, resulting in a drop in ASML's stock price. Despite the decline, ASML's actual business remains strong, with the company reporting beat earnings and raising its full-year outlook. The selloff can be attributed to fear rather than facts, as ASML holds significant cash reserves and has an exceptional balance sheet with no debt. Analysts have high growth expectations for ASML, with projected growth rates of 49% in 2026 and 35% in 2027, and the company's valuation appears reasonable despite its recent surge.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}