Tech stocks fell sharply across Asia and Europe after Democrats won control of the US Congress in midterm elections, with some candidates pledging to slow data centre and AI growth. An AP voter poll found 56% called data centres a crucial or major factor in their vote, while 76% opposed new local construction. Analysts caution that data centre opposition cannot be directly tied to specific Senate seat flips.
Global tech stocks plunge as US AI slowdown fears spread
Source: BBC