Nasdaq plunges 5.5% as chip and data-center stocks lead sell-off
Published 17 h ago9 sourcesEvidence: Reported
Asian equities, led by chipmakers, fell as investors priced in the risk that Democratic control of the US Congress will slow AI data-center build-out through regulation or fiscal constraints. The move reflects a shift in market expectations for AI infrastructure spending following the midterm outcome. Uncertainty centers on the actual legislative agenda and its impact on tech capex.
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