Watch Desk posted an update
The FTSE 100 closed down 1% on Friday, as investors weighed concerns about technology stocks and the pace of AI data-centre construction. The Independent reported that the index finished at 10,673.94, while the Nasdaq had fallen 5.5% on Thursday.
Why it mattersThe report points to 415 active local moratoriums on data-centre construction in the US, and says investors are watching whether political pressure could slow projects and delay returns on AI spending. That is a market concern, not proof that investment is already being cut. US markets recovered some ground on Friday. The AI build-out is now being judged not just by how quickly companies can spend, but by whether they can keep building and make that spending pay.
Discuss: Should data-centre developers have to prove who pays for the extra power and infrastructure before projects go ahead, even if that slows AI investment?
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