The Zhitong Finance App learned that on Monday, chip stocks generally fell. Qualcomm (QCOM.US) fell nearly 7%, SanDK.US (SNDK.US) fell more than 5%, SK Hynix (SKHY.US) fell 5%, Intel (INTC.US) and Western Digital (WDC.US) fell more than 4%, and Seagate (STX.US), American Ultra Micro (AMD.US), and Micron (MU.US) fell more than 3%. According to the news, OpenAI suddenly suspended training and testing of its most advanced AI models. The market feared that the slowdown in AI development would drag down chip demand; at the same time, soaring oil prices and rising US bond yields further amplified the selling pressure on technology stocks.

The Zhitong Finance App learned that on Monday, chip stocks generally fell. Qualcomm (QCOM.US) fell nearly 7%, SanDK.US (SNDK.US) fell more than 5%, SK Hynix (SKHY.US) fell 5%, Intel (INTC.US) and Western Digital (WDC.US) fell more than 4%, and Seagate (STX.US), American Ultra Micro (AMD.US), and Micron (MU.US) fell more than 3%. According to the news, OpenAI suddenly suspended training and testing of its most advanced AI models. The market feared that the slowdown in AI development would drag down chip demand; at the same time, soaring oil prices and rising US bond yields further amplified the selling pressure on technology stocks.