Global Equities Slide as Political Shifts and Capex Costs Shake AI Sector

Global markets tumbled as heavy selling in AI-related hardware and semiconductor suppliers spread from Wall Street into Asian and European bourses. Market anxieties deepened after U.S. election outcomes raised the prospect of greater resistance to energy-intensive data center projects. Trillions of dollars in market valuation were erased as investors reassessed the profitability timelines of global AI expansion.