# Wall Street cuts Big Tech AI data centre spending forecasts after Democratic midterm win

> Original title: Does the Democratic midterm victory spell the end of US AI data centre boom?

- Source: South China Morning Post · Tech
- Published: 2026-11-06T06:00:27.000Z
- Bad Influence: https://badinfluence.news/items/c4jpqabz3lc6g3ytp01jk7l9c
- Original: https://www.scmp.com/tech/big-tech/article/3373506/does-democratic-midterm-victory-spell-end-us-ai-data-centre-boom

## Summary

Wall Street forecasters cut their Big Tech infrastructure spending projections hours after the US Democratic midterm victory. They warn proposed project moratoria and tighter oversight could stall up to 30 per cent of planned US AI data centres and force developers to downscale capacity plans.