AI executives' calls to slow development of the technology are likely to weigh on chipmaker and supply-chain stocks in the near term, but will probably have limited long-term impact as spending on computing infrastructure remains strong, market watchers say.
Shares of South Korean memory maker Samsung Electronics Co. fell as much as 4.1% early Monday while peer SK Hynix Inc. slumped 5.8%, as investors assessed whether the more cautious approach to developing advanced models will crimp their earnings. In Japan, chip equipment maker Advantest Corp. dropped 4.7% while storage maker Kioxia Holdings Corp. slid 9.3%.
