Calls to slow frontier AI development reduced expectations for AI infrastructure spending and could cut demand for SK hynix's high-bandwidth memory.
SK hynix shares fell after calls to slow frontier AI development. Because SK hynix supplies high-bandwidth memory for AI accelerators, reduced AI infrastructure spending hurts demand and the stock outlook.
Micron and other AI-linked chipmakers fell as investors reassessed AI infrastructure spending, tightening demand prospects for memory makers.
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