Tech stocks fall as midterm results raise AI spending doubts
AITech stocks lost a collective $2.5 trillion in market value and the Nasdaq fell more than 5.5% after last week's midterms, as successful candidates ran against data centers and calling for greater AI restrictions. Investors anticipate a slowdown in AI spending, according to the TheCUBE Pod discussion between John Furrier and Dave Vellante.
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SiliconANGLE · AI · Devony Hof · siliconangle.comPublished · added here
Original title: On theCUBE Pod: Blue wave sends AI stock plunging