SShortSingh.
Back to feed

Nasdaq Slides as Nvidia and Tech Stocks Post Steep Losses Over Data Centre Concerns

0
·1 views

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.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaTimes of India ·

2026 Expected to Rank as Second-Hottest Year on Record as El Nino Builds

Global temperatures are forecast to climb sharply, placing 2026 among the warmest years ever recorded. Experts expect the ongoing El Nino to reach its peak around this period. This raises the likelihood of extreme weather events across the world. The World Meteorological Organization has cautioned about possible droughts and floods as a consequence. Projections also suggest temperatures could climb further in 2027, potentially disrupting existing climate conditions.

0
IndiaTimes of India ·

Altman Addresses Staff Concerns on Data Centres After US Midterms

OpenAI CEO Sam Altman held an internal question-and-answer session with employees following the US midterm election results. Staff raised questions about data centres and how the public views artificial intelligence. Altman acknowledged worries about water consumption and said he understood why some people would not want to live near such facilities, according to The Wall Street Journal. The discussion coincided with OpenAI's decision to drop non-disclosure agreements with officials and its commitment to cover the full cost of power at future sites.

0
IndiaTimes of India ·

Sehwag's 70 and Raichandani's unbeaten 53 lead India to 10-wicket win in U19 Asia Cup

India completed a ten-wicket victory in the Under-19 Asia Cup by chasing down a target of 129 in just 19.1 overs. Aaryavir Sehwag top-scored with an unbeaten 70 off 52 balls, striking seven fours and four sixes. Opening partner Lakshya Raichandani remained not out on 53 from 63 deliveries, including seven boundaries. The chase finished with 30.5 overs to spare, underlining a dominant batting performance.

Nasdaq Slides as Nvidia and Tech Stocks Post Steep Losses Over Data Centre Concerns · ShortSingh