BusinessPhoto: NDTV WorldUS Tech Stocks Drop 5% After Midterm Election Concerns
Tech stocks on Wall Street fell sharply by over 5% following the US midterm elections amid worries about the future of AI data centre projects. Key chipmakers Nvidia, AMD, and Micron saw losses between 6% and 12%. Many newly elected officials have pledged to restrict new data centre buildouts, dampening investor sentiment despite a post-election rally and rising oil prices.
NDTV World·

