The article discusses the recent selloff in AI-related stocks, particularly semiconductor companies like NVIDIA (NVDA), Semiconductor Manufacturing International Corporation (SMCI), and Advanced Micro Devices (AMD). It highlights the concerns surrounding the potential oversupply of chips for AI applications, leading to a slowdown in sales growth. Key points include: 1) NVIDIA’s stock fell over 6% due to worries about slowing data center chip sales. 2) SMCI, a major Chinese chipmaker, saw its shares drop 5% on fears of oversupply. 3) AMD’s stock also declined amid concerns about the AI chip market’s future growth. 4) Analysts predict a slowdown in AI chip sales growth from 2024 onwards as the market becomes saturated. 5) However, long-term prospects for AI chips remain strong, driven by continued demand from cloud computing and AI applications.