AI leaders urge halt in advances, chip price cuts; Trump rejects AI controls

AI industry leaders are publicly calling for a pause in AI development and for chip manufacturers to lower prices, signaling potential industry-wide recalibration. Concurrently, President Trump stated that no further AI regulation is needed during his presidency, creating a policy vacuum that contrasts with the industry's caution. The uncertainty lies in whether these calls translate into actual policy or market shifts, but the divergence between industry and executive positions could shape AI governance and chip market dynamics.