Nvidia, SK Hynix Drop 3.93% and 6.81% as AI Hardware Stocks Decline

Nvidia ($NVDA) shares fell 3.93%, while SK Hynix ($000660) dropped 6.81%, as AI hardware-related stocks declined broadly. The movement comes amid industry executives' claims that AI development speed must slow to allow safety measures to catch up. On Binance data from April 14, TSMC ($TSM) fell 3.45%, Broadcom ($AVGO) dropped 3.92%, and Micron Technology ($MU) declined 6.57%. AMD ($AMD) was down 5.72%, ASML ($ASML) fell 5.86%, Intel ($INTC) dropped 6.44%, ARM ($ARM) declined 6.83%, and Sandisk ($SNDK) fell 5.56%.

Dario Amodei, CEO of Anthropic, stated that slowing AI development speed is necessary to secure time for safety measures to catch up. Sam Altman, CEO of OpenAI, also voiced support for this position.