After the Nasdaq quake: Who is leading the AI race now!
Reading Time: 4 minutes
The clear victory of the Democrats in the Midterms has disrupted the AI trade. After a surprisingly friendly Wednesday, the Nasdaq 100 plummeted by 6% last Thursday, the steepest drop since March 2020. The concern among investors: With majorities in both chambers and a power shift in the data center location Texas, there could be construction stoppages or stricter regulations for data centers. However, President Donald Trump acts as a brake, as his veto would have to override any federal law until 2028. Additionally, projects can shift to friendlier...
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