Fastea Capital: Chip stocks slide as data center curbs fuel AI spending concerns
Bitget2026/11/10 14:06- US semiconductor stocks suffered their worst session since 2020 on Thursday, amid concerns that data center restrictions could slow AI spending.
- Democrats won both chambers of Congress in the November 3, 2026, midterm elections, triggering a sector rotation.
- Texas’s incoming Democratic governor pledged to suspend permits for new data centers; more than 20 municipalities voted for restrictions.
- Micron and AMD led declines as profit-taking amplified losses; European chip stocks Infineon and ASML also fell.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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