Stocks to Watch Monday: Nvidia, Oracle, SoftBank

Semiconductor and major technology stocks experienced widespread premarket declines on Monday, driven by growing industry debate over the pace of artificial intelligence development. Major chipmakers including Nvidia, Intel, and Marvell Technology slid after leaders across top artificial intelligence firms advocated for a deceleration in development speeds to address safety concerns, prompting investors to question near-term hardware and chip demand. The negative sentiment extended globally, impacting international semiconductor and equipment leaders such as ASML in Europe, alongside Asian tech names. In addition, Oracle shares fell 3.5% premarket amid a broader tech retreat, following reports that co-founder Larry Ellison abandoned plans to offload up to $7.5 billion worth of company stock without providing a specific reason. Simultaneously, SoftBank Group plummeted over 10% in Tokyo trading as markets digested the implications of decelerating AI momentum on its extensive investment portfolio, compounded by comments from OpenAI CEO Sam Altman indicating the firm is unlikely to pursue an initial public offering this year.