Nasdaq Slides as Nvidia and Tech Stocks Post Steep Losses Over Data Centre Concerns
The Nasdaq 100 index fell sharply as Nvidia and other technology stocks suffered heavy losses. Investor worries grew that political opposition to the construction of AI data centres could emerge after the midterm elections. Shares of major chipmakers, including AMD and Nvidia, dropped significantly. Analysts cautioned that planned data centre projects could face delays or be put at risk by increased scrutiny.
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