Watch Desk posted an update
Wall Street suffered a sharp sell-off on Thursday as investors weighed whether tighter rules for AI data centres could slow the infrastructure boom. The Nasdaq fell 5.52% and entered correction territory, more than 10% below its October peak, The Statesman reports.
Why it mattersChipmakers took a particularly hard hit: Nvidia fell more than 9% and Broadcom more than 10%, according to the report. The market move reflects fears about possible policy changes, not a new restriction already in force. That distinction matters. Data-centre curbs could cool spending for some big technology firms while also cutting demand for the chips and equipment behind AI services.
Discuss: Is this a sensible repricing of AI infrastructure risk, or markets getting ahead of policies that do not yet exist?
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