This article first appeared on GuruFocus.
Intel Corp. (INTC) shares fell Monday in trading as investors weighed fresh concerns about the pace and potential risks of artificial intelligence development.
Intel slipped 5% in the morning session, making it one of the weaker names among semiconductor stocks. Micron Technology (MU) declined about 3%, while Super Micro Computer (SMCI) lost 1%.
The selling followed renewed warnings from technology executives about rapidly advancing AI systems. Reuters has reported that several industry leaders have called for measures to address risks associated with increasingly capable artificial intelligence.
The latest move also comes after a strong rally in Intel shares earlier this month. Intel jumped 12.1% on Sept. 21 as investor interest in AI server processors helped lift the stock and other chipmakers, according to MarketWatch data.
Monday’s retreat highlights the changing investor response to AI-related semiconductor companies. While expectations for AI infrastructure demand have supported chip stocks, concerns about the technology’s development could add volatility as investors reassess the sector.