Donald Trump’s opposition to an AI slowdown supports continued development, but Nvidia and AMD still face uncertainty over how quickly their biggest customers will keep spending.
Nvidia fell 3% and AMD dropped 4.4% on September 14, as investors weighed calls for slower development, according to Insider Monkey’s report carried by Yahoo Finance.
The concern is straightforward: longer gaps between major AI projects could delay orders for the chips and computing systems that power them.
Safety Concerns Meet Spending Expectations
Anthropic’s Dario Amodei has proposed independent evaluations and coordinated safety standards. Sam Altman, Elon Musk and Demis Hassabis supported a more cautious approach, although their commitments differ.
Related: Top AI Leaders Call for Slowing Down AI Development
The financial stakes are substantial. Nvidia reported $89 billion in quarterly Data Center revenue, up 117%, while AMD reported $6.7 billion, up 107%, the Yahoo-carried report noted.
Those figures show how much both businesses depend on continued investment in computing infrastructure.
Trump Wants the Race to Continue
Trump rejected slowdown calls on September 13, arguing that the US must maintain its lead over China. His position signals resistance to a government-backed pause, although individual companies can still delay development or purchaseRelated: Trump Rejects AI Slowdown Calls, Citing Competition With China
A voluntary agreement also faces a competitive problem: companies may hesitate to slow down if rivals keep advancing. Shared safety commitments have yet to establish common development limits.
Related: AI Leaders Want to Slow Down. Will They Follow Through?
Trump’s backing does not guarantee chip orders. For Nvidia and AMD, the key question is whether AI companies maintain their spending plans as safety concerns put development schedules under scrutiny.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
