AI stocks fall after Amodei, Altman, and Musk back AI slowdown

AI-linked stocks fell across Asia, Europe, and U.S. premarket trading on Monday after Anthropic CEO Dario Amodei called for a deliberate slowdown in AI capabilities development, drawing support from OpenAI CEO Sam Altman and Elon Musk. Nvidia stock fell nearly 3% in premarket trading, while Intel stock dropped close to 6% and Micron Technology stock declined around 5%. In Asia, SK Hynix ended the session with losses exceeding 6%, while Samsung Electronics shed more than 4%. SoftBank stock, reflecting that company's position as one of OpenAI's largest investors, fell roughly 10% to 11% in Tokyo. South Korea's Kospi fell 3.3%. In Europe, ASML lost between 5% and 6%, Nokia gave up roughly 8%, and Infineon retreated more than 7%.