On September 14, iShares A.I. Innovation and Tech Active ETF fell 5.5% in pre-market trading, trading at $42.50/share, with turnover of $844,800.

On the news front, multiple headwinds converged to crush the AI technology sector. Anthropic CEO Dario Amodei published a letter over the weekend calling for a slowdown in AI development, a stance quickly backed by Elon Musk and Sam Altman. The rare alignment among three major AI leaders sparked investor fears that reduced AI capital expenditure could trigger a chain reaction across the entire supply chain.

The sell-off rippled across global markets. NVIDIA fell over 2%, Micron Technology dropped approximately 5%, and Intel slid nearly 6%. In Asian markets, SoftBank — one of OpenAI's largest investors — plunged as much as 13%, while Kioxia fell nearly 10%, amplifying cross-market selling pressure. The semiconductor sector came under broad-based strain as investors reassessed the near-term trajectory of AI spending and adoption.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)