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On September 14, the three key US stock indices commenced trading with a downward trajectory. The Dow Jones Industrial Average dipped by 0.2%, the S&P 500 Index saw a 0.7% decline, and the Nasdaq Composite Index plummeted by over 1.2%. The AI sector felt the pinch as leading AI companies called for a deceleration in development pace. Consequently, AI chip stocks experienced a broad-based retreat. Nvidia's shares tumbled by 3.3%, Intel's stock took a 7% hit, and AMD's shares fell by 5.2%. In the memory chip arena, Micron Technology's stock price dropped by 6.7%, SK Hynix witnessed a 7.1% decline, and SanDisk's shares decreased by 5.8%. Furthermore, Oracle's stock price slipped by 5.2% amid reports that the company has embarked on a fresh round of layoffs.
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