Election results shake markets
The rise of candidates advocating anti-AI and anti-data-center policies in the US elections triggered a massive sell-off in tech stocks. The Nasdaq lost approximately $2.5 trillion in value in a single day.
Chip giants fall sharply
Among the hardest hit were Nvidia, AMD, and Micron. These companies lost value amid concerns that investments in AI infrastructure could decline.
Data center opposition was effective
During the election campaigns, the energy consumption and local impacts of data centers were frequently discussed. The strengthening of anti-AI rhetoric negatively affected investors' expectations for the tech sector's growth rate.
