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Both - NVDA on the trend

AI Giants Call for Slowdown — Can Chip Stocks Hold?

Chips closed Friday strong: SOXL +5.23%, Marvell +4.03% to $236.10, Intel +2.61% to $102.94, AMD +2.49%, Nvidia flat at −0.03%. Over the weekend Anthropic's Amodei called publicly for slowing frontier model development, and Altman and Musk both backed him, all three endorsing independent safety evaluations. By Monday's pre-open the sector had turned: SOXL −6.94%, Intel −3.68%, Marvell −3.49%, Nasdaq-100 futures −1%, the Nikkei −2%. Nobody has announced halted training or cut capex — this is a shock to expected demand, not to orders. Safety testing and inference burn compute too. Buy this dip?

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