Stocks tied to the artificial intelligence (AI) build-out sold off Monday morning. The selling followed a weekend essay from Anthropic CEO Dario Amodei calling for the industry to slow the pace at which it develops more capable AI models -- an idea that OpenAI CEO Sam Altman backed. Memory specialist Micron Technology fell about 5%, chip designer Arm Holdings dropped about 9%, and Nvidia slid about 3%. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Netflix (NASDAQ:NFLX) went the other direction.
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