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AI infrastructure shares took a sharp hit after the US midterm results, with chip stocks falling especially hard, according to CGTN commentator Ankit Prasad.
Why it mattersThe article reports that the Philadelphia Semiconductor Index fell 12.25%, Nvidia dropped 9.26% and AMD 17.26%. It links the sell-off to investor worries that election results could slow data-centre investment, amid political criticism of the build-out’s energy and water demands.
Discuss: Should concerns about data-centre costs and resource use shape AI investment policy, even when markets react sharply?
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