#AIAnxietyHitsChipStocks

While AI stocks bleeding — CoreWeave -6%, MARA -5% after Anthropic CEO called for slower AI development Crypto is outperforming. $BTC +1% to $77.8K, $ETH +2% to $2.5K Narrative flipped. Money leaving overvalued AI chips, hunting oversold BTC that was dead at $60K last month. BTC was oversold for months. Now short-term traders betting $80K+ by Dec. Rotation is real — not hype. Are you still in AI stocks or rotated to crypto? #BTC #AI #Rotation

#AnthropicIPOOnNasdaq Anthropic is targeting an October IPO on Nasdaq — filings by end of September, roadshows mid-October. Up to $100B raised at a ~$2T valuation 👀 The timing is wild. Dario Amodei just publicly called for slowing frontier AI development to let safety governance catch up. Altman and Musk both expressed support. Trump pushed back, saying slowing R&D on safety grounds is the wrong move 🤔 So Anthropic is going public while its own CEO is advocating for the industry to pump the brakes. That's either the most principled IPO pitch ever, or the most complicated one 🫠 Nvidia reportedly in talks to anchor up to $10B. If that holds, it's the biggest single anchor commitment in recent IPO history 🔥 Safety governance as a moat or a drag on iteration speed — that's the bet investors are being asked to make here. Does Dario's safety-first stance attract the right long-term capital, or does it spook growth investors? 👇

📊 $NVDA Perp | RANGE IN PLAY $NVDA is hovering near $215.2 as momentum stays relatively quiet. 🟢 Support: $203.8 🔴 Resistance: $234.9 📈 24H Range: $214.0–$217.6 💰 Volume: ~10.1M USDT Price remains compressed inside the range. A breakout or breakdown could define the next move. 👀 #NVDA #Trading #Markets

JENSEN HUANG WAS ASKED HOW TO EXPLAIN A "10% CHANCE OF EXTINCTION" TO A NORMAL PERSON He said you shouldn't try, because the number is made up. "These are well-educated. They're called researchers. Obviously they're working in a lab. And so the confluence of these words and then the prediction is alarming and troubling, and it shouldn't be done. It's irresponsible." Then he listed the predictions that didn't happen. "There was a prediction that in five years' time, radiology will be completely taken over by artificial intelligence and there'll be no radiologists in the world. That has proven to be exactly the opposite." "Within 6 to 12 months, 90% of code would already be generated by AI. That has turned out to be wrong." "50% of entry jobs will be wiped out. That has proven to be wrong." "We have to take account for all of the stupid predictions that were made."

🇺🇸 Elon just joined Anthropic's CEO in calling for caution around AI safety: "Well, it’s pretty obvious at this point that AI can be very dangerous. And I recommend reading the details of the Hugging Face incident. It’s intense. Basically any sufficiently smart model seems like it will want to escape its constraints. What I think would be wise to do as soon as possible, if not immediately, would be to have the major AI competitors test each other’s models." Writer: Mhedi

Jensen Huang took a surprise call from President Trump onstage at the All-In Summit on Monday in LA, where the two dismissed fears of an AI takeover (New York Times) (Visit Techmeme dot com for the link and full context!)

Trump angrily calls AI danger claims a “scam”! Calls into Jensen Huang’s summit, chip stocks plunge 6% Brothers, Trump is at it again. On Monday, he blasted on Truth Social, labeling the claim that “AI will destroy humanity” as a scam, even personally calling Jensen Huang and loudly declaring on speakerphone: “Robots won’t take over everything, the whole thing is a scam!” Why is he so urgent? #FOMCRateCallThisWeek #AIAnxietyHitsChipStocks #SaudiOilPipelineDamaged

Chip stocks are facing pressure as investors start questioning whether massive AI spending can keep growing at the same pace. After such a strong run, expectations are already high, so even small signs of slower demand can make the market nervous. Personally, I don’t think this automatically means the AI boom is over. I see it more as the market becoming more selective. Strong demand alone may no longer be enough companies now need to prove that AI investment can translate into sustainable earnings and returns. I’m watching memory demand, data-center spending, margins, and company guidance from here. #AIAnxietyHitsChipStocks $BTC

Tech stocks slump after AI execs call for industry slowdown