indigo attributes Nasdaq 100 selloff to data center policy risk and chip guidance

indigo says the Nasdaq 100 fell 6.49% and the Philadelphia Semiconductor Index (SOX) fell about 12.15%, a technical bear market, and ranks data center policy risk after Democratic midterm gains as the top cause.

The post cites Goldman Sachs estimating that about 45% of planned data center capacity could be affected, but says no projects have been canceled yet. indigo says the main risk is delay rather than prohibition for AI infrastructure, and ranks the likelihood of possible Democratic legislation.

The post is a single X post from the account @indigox, and it names chip guidance as a second driver without giving details in the excerpt.