Artificial intelligence stocks tumbled on Monday after American leaders of the AI revolution called for a coordinated slowdown in building more powerful AI systems.

President Donald Trump phoned Nvidia Chief Executive Jensen Huang live on stage Monday. He told a room of investors that fear of artificial intelligence (AI) is a hoax. Nvidia shares fell anyway.

The investor response to the calls by Anthropic CEO Dario Amodei to slow down frontier artificial-intelligence development was greeted negatively, albeit not catastrophically, by investors on Monday.

Nvidia (NASDAQ:NVDA) falls 2.67% as AI spending worries grow after Amodei's AI slowdown essay and reported DOJ scrutiny of its Groq deal adds pressure.

Nvidia (NVDA) stock declined 2.9% after AI industry leaders called for slower development, sending shockwaves through the semiconductor sector.

Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion. Jensen Huang said in a post on Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more than 3 million models,

The artificial intelligence (AI) investment opportunity has become more measured throughout 2026. After years of parabolic gains driven by explosive demand for generative models and the underlying infrastructure that supports them, both Nvidia (NVDA-0.03% ...