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AI Slowdown Worries Drag Stocks Down Amid Oil Price Spike

Guavy AI Editorial Team
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NVDA
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A slump in chipmakers led to a downturn in stocks on September 13-14, 2026. Leaders from AI giants proposed slowing down the development of artificial intelligence technology, causing concerns among investors.

The proposal sent Nvidia Corp. and Broadcom Inc., major players in the semiconductor industry, into a tailspin. The semiconductor gauge plummeted by 5% due to this selloff.

Broadcom's decline was particularly notable, with its shares falling sharply. Bank of America Corp. also suffered losses as CEO Brian Moynihan predicted 'relatively flat' trading in the third quarter.

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