U.S. President Donald Trump stated that calls for increased regulation of artificial intelligence (AI) are a "sick conspiracy" designed to allow China to surpass the United States in AI technology. He believes existing regulations are sufficient and warned "conspiracy theorists and traitors." Trump emphasized that the only "control or guardrail" AI needs is a "strong and smart president."

This marks the second consecutive day Trump has rejected calls to slow down AI development. Previously, Anthropic CEO Dario Amodei published a blog post advocating for a slowdown in AI development, stating that AI agents could "take over the entire internet within 6 to 12 months, causing hundreds of billions of dollars in damage." This proposal was supported by executives such as Musk and OpenAI CEO Sam Altman.

Affected by concerns over AI development, global AI-related stocks plummeted on Monday morning. The Nasdaq 100 index fell 1.7% in early trading, and the Philadelphia Semiconductor Index dropped 6%, with NVIDIA down 3.5%, AMD down 5.6%, and Micron down 6.7%. European tech stocks fell 2.3%, and SoftBank in Asia plunged 13.2%. Analysts believe that a slowdown in AI spending will impact the economy and stock markets.