Tech Stocks Tumble Amid Concerns Over AI Data Center Rollouts

Wall Street experienced a sharp sell-off following U.S. midterm election results, with the Nasdaq dropping 5% as investors grew wary of political obstacles to data center construction. Major AI chipmakers and infrastructure providers, including Nvidia, AMD, and CoreWeave, suffered heavy single- and double-digit percentage losses. The slump reflects mounting investor concern regarding regulatory headwinds and public pushback facing the AI sector.