US stocks crashed — run for it!
The Nasdaq fell about 3% and the PHLX Semiconductor Index dropped 7.25% as AI-linked stocks sold off sharply, with Nvidia down about 5% and AMD about 13%. The trigger was the Democratic midterm sweep, which raised fears of tighter regulation and slower AI data-center construction. Why it matters: the AI trade is now exposed to political risk, not just earnings, and AI stocks have shed over $1 trillion in value in recent weeks.
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- LinuxDo2026-11-05 15:12