Changes in Hong Kong stocks | AI giants call for “deceleration” to disrupt storage concept, GigaYi Innovation (03986) falls by more than 6% Lanqi Technology (06809) falls by more than 5%

The Zhitong Finance App learned that the storage concept had the highest decline. As of press release, GigaYi Innovation (03986) fell 6.24% to HK$424; Lanqi Technology (06809) fell 4.96% to HK$245.2.

According to the news, Anthropic CEO Dario Amodei posted a blog post on Saturday calling for the global AI industry to take the initiative to slow down, citing that the current rate of improvement in cutting-edge model capabilities far exceeds the ability of humans to understand and control. Within a few hours after the article was published, Musk posted on the X platform stating “Dario is right.” OpenAI CEO Sam Altman immediately followed up and agreed with Amodei's judgment on “controlling the pace of frontier progress.”

Morgan Stanley pointed out that in the past, the market has always defaulted to “continuous iteration of oversized models and continuous upward growth,” but this time the industry actively controls speed, which is equivalent to directly lowering demand expectations for long-term training computing power. With hardware such as GPUs and HBM that are deeply tied to large model training, valuations will naturally usher in a sentiment correction.