Asian Markets Drop as Trump Dismisses AI Slowdown in Call With Nvidia's Huang

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By TaiwanPlus

Asian stocks opened slightly lower Tuesday amid growing debate over the pace of AI development. It follows a weekend selloff in tech shares, which dropped as much as 7% on concerns about a potential AI slowdown. On Monday, US President Donald Trump called Nvidia CEO Jensen Huang during a live event, dismissing fears of runaway AI as "a hoax." Huang also downplayed the concerns. The comments come as OpenAI and Anthropic have urged a slower pace of AI development, citing safety risks.