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The Nasdaq Composite fell 5.5% on Thursday, wiping about $2.5 trillion from market value, as investors weighed the costs and political risks of expanding US AI infrastructure, Firstpost reports.
Why it mattersThe article cites possible permitting delays, local opposition and tighter scrutiny following Democratic gains in the midterms. It also points to concerns about whether the enormous spending on AI infrastructure will deliver adequate returns. That is a sharp market reaction, not proof that data-centre projects have been stopped or that AI investment has run out of road. The bill, it seems, is now part of the pitch.
Discuss: Should investor concern about the cost and local impact of AI data centres slow their expansion, or is the market overreacting to political uncertainty?
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