Nasdaq Futures Fall as AI Warnings Trigger Selloff
Nasdaq futures dropped sharply on Monday as leading artificial intelligence executives urged a slowdown in model development over safety concerns. Shares of Nvidia and other major chipmakers retreated in premarket trading amid the broader tech sector pullback.
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Nasdaq 100 futures fell 458.75 points, or 1.56%, during Monday morning trading after tech executives urged a slowdown in artificial intelligence development. The selloff highlights mounting investor anxiety over regulatory intervention and safety risks in the technology sector. The correction follows years of massive capital inflows that propelled major semiconductor and software valuations to historic highs.
