Is the semiconductor frenzy over? AI growth hits the brakes! @elonmusk, @sama support @DarioAmodei’s call to “slow down AI development.” Which categories of stocks are likely to react first to expectations of an AI slowdown? $NVDA $MU $LRCX $KLAC 🔵 Let’s look at last week’s performance: From last week’s peak to Friday’s close, key semiconductor chip and equipment stocks saw significant declines: 🔹 $NVDA: -5.2% 🔹 $MU: -4.1% 🔹 $LRCX: -3.1% 🔹 $KLAC: -2.7% It’s clear that capital is currently flowing out of overvalued semiconductor sectors (GPU, memory, semiconductor equipment). But with all three major AI players calling for “slowing AI,” will further capital exit these industries? Below are the top five semiconductor decliners in pre-market trading: $AEHR $FORM $GLW $MRVL $MXL👇