FinanceQuartzabout 2 hours ago
Chip stocks slip as Democrats win
2 min read
Chip stocks slipped Wednesday after Democrats won Congress and key governorships, raising data center construction doubts. Nvidia edged lower, while Amazon climbed 7% and Microsoft added 5.5%. Analysts warn Texas Governor Gina Hinojosa's victory could halt 27% of planned U.S. gigawatts, creating major hurdles for AI legislation over the next 2 years.
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