Nvidia Fell 3.4% and Micron 5.3% Monday After Amodei's Essay
Investors read the Anthropic CEO's call to slow frontier AI development, endorsed by Sam Altman and Elon Musk, as bad for chip demand and good for software. Nvidia was the single biggest drag on both the S&P 500 and the Nasdaq. Brent hit $108, the 10-year touched 5%, and the Fed meets Tuesday with a rate hike 90% priced in.














