Bitcoin Climbs as AI Slowdown Calls Sink Nvidia, Intel and Other Chip Stocks

Bearish-39.46%
14 Sep, 17:40
Source: Decrypt

AI Summary

Bitcoin rallies while major AI chip stocks decline following calls from AI executives to slow down technological advancement.

AI CEOs want the industry to pump the brakes on capability gains. Nvidia, Intel, and AMD didn't like the sound of that. Bitcoin didn't seem to mind.