AI stocks tumble as US midterm results fuel data centre concerns
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What happened
US Nasdaq futures fell more than 1% amid renewed concerns over AI spending and data centre projects. (EPA Images pic) HONG KONG: Tech firms tumbled Thursday as investors contemplated the outlook for the AI boom after Democrats swept the US midterms, partly on the back of growing anger over the rapid building of data centres across the country. (Free Malaysia Today, 16:07)
The reporting
1 report
Photo: Free Malaysia Today Free Malaysia Today·News·EN·5 Nov, 16:07 MYTAI stocks tumble as US midterm results fuel data centre concerns
US Nasdaq futures fell more than 1% amid renewed concerns over AI spending and data centre projects. (EPA Images pic) HONG KONG: Tech firms tumbled Thursday as investors contemplated the outlook for the AI boom after Democrats swept the US midterms, partly on the back of…
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Timeline
- DetectedFirst detected (Free Malaysia Today) source
Where it started
How it spread
- Step 1News outletsFree Malaysia Today16:07
Internet reaction
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What we know
- Covered by 1 established outlet(s): Free Malaysia Today
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- Independent confirmation is missing; treat specifics as unverified
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