Shares in AI-related companies in Asia dropped sharply after prominent AI leaders, including OpenAI's CEO and Elon Musk, urged a slowdown in AI development due to safety risks. This caused major indexes like South Korea's KOSPI to fall 3.7%, with companies like SK Hynix and SoftBank seeing significant losses. The call for caution raises concerns about funding for AI infrastructure, especially for data centers reliant on rapid growth assumptions amid rising borrowing costs. Investors are now reassessing the AI sector's growth prospects and financial risks as the industry faces potential regulatory and development slowdowns.
Anthropic CEO Dario Amodei has called for the AI industry to slow down development due to safety risks, including potential uncontrollable AI behaviors. Despite this warning, major companies like NVIDIA, Microsoft, Alphabet, and Amazon continue heavy...
SanDisk's stock surged 2,107% over the past year, driven by explosive growth in AI-related data storage demand and strong financial results, including a 371.6% revenue increase in fiscal Q4 2026. This remarkable performance has shifted the market lan...
TSMC's stock is currently priced at $428.29 with a 24/7 Wall St. price target of $492.37, suggesting a potential upside of about 15%. The company reported strong Q2 2026 results, including a 36% revenue increase year-over-year and raised its full-yea...
Intel's stock rose 3% after reports that it plans to raise prices on selected PC processors by 10%, reversing a recent selloff. This price increase could boost Intel's gross margins, supporting its ongoing recovery driven by AI demand and supply cons...
In Q2 2026, the Baron Emerging Markets Fund gained 19.61%, underperforming its benchmark, the MSCI Emerging Markets Index, which rose 24.05%. Key contributors to the fund's performance included SK hynix, Taiwan Semiconductor, Samsung Electronics, Mon...
