Dire speculation about an existential crisis for humanity has sent AI-linked stocks tumbling, but cybersecurity stocks are rising amid fears of AI-enabled hacks. Wall Street was jolted by an abrupt shift in the AI narrative, as AI makers said it is time to slow down development. Investors fled some of the highest-flying AI stocks, particularly chipmakers, which saw the brunt of Monday's selling. Nvidia, AMD and Intel tumbled, while memory makers like Micron Technology and South Korea's SK Hynix saw even steeper declines.
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