AI giants collectively shout “hit the brakes”! U.S. stock storage sector plunges before the bell
On September 14, the U.S. stock storage chip sector saw a collective drop before the opening bell.
SK Hynix ADR fell 7.13%, Seagate STX fell 6.17%, Micron MU fell 5.82%, SanDisk SNDK fell 5.73%, and Western Digital WDC fell 5.64%.
The spark came from an AI safety controversy: Anthropic CEO Dario Amodei called on the U.S. to push for slowing down AI development, urging AI companies to work together to set safety standards that would not be constrained by antitrust laws. The proposal was supported by Sam Altman, Musk, and Microsoft’s Nadella.
However, the White House takes the opposite stance. Trump’s team believes leadership in AI is crucial and advocates maintaining the U.S.’s competitive edge in AI; they have no plans to force the industry to hit the brakes.
Market concerns: If AI research slows down, it will directly weigh on storage and HBM demand, putting pressure on the storage sector.
On September 14, the U.S. stock storage chip sector saw a collective drop before the opening bell.
SK Hynix ADR fell 7.13%, Seagate STX fell 6.17%, Micron MU fell 5.82%, SanDisk SNDK fell 5.73%, and Western Digital WDC fell 5.64%.
The spark came from an AI safety controversy: Anthropic CEO Dario Amodei called on the U.S. to push for slowing down AI development, urging AI companies to work together to set safety standards that would not be constrained by antitrust laws. The proposal was supported by Sam Altman, Musk, and Microsoft’s Nadella.
However, the White House takes the opposite stance. Trump’s team believes leadership in AI is crucial and advocates maintaining the U.S.’s competitive edge in AI; they have no plans to force the industry to hit the brakes.
Market concerns: If AI research slows down, it will directly weigh on storage and HBM demand, putting pressure on the storage sector.
