The US stock market changed overnight and fell sharply immediately after the election surge. The Chinese “lost all profits”

The Democratic Party got a big victory in the midterm elections.wall Street Originally a post-election carnival, but unexpectedly the market fell after only one day, and AI-related stocks suffered the most.

US stocks Overnight, from a big rise to a big fall, many Southern CaliforniansSugar Investors got scared and reported that whatever profits they had made in a year were lost overnight. “Looking at the stock account these past few days has been like a roller coaster, and my heart is unbearable.”

The Associated Press reported on the 5th that as of 12:26 pm Eastern time, the S&P 500 index fell by about 3.5%, the Dow Jones Industrial Average fell by 1,433 points or about 2.7%, and the Nasdaq Composite Index fell by about 4.7%. Investors are worried that after Democrats gain control of Congress, they could step up scrutiny of data center construction, energy use and environmental impact, which would slow investment in AI infrastructure.

Chip stocks familiar to Chinese investors have also not been spared. The Associated Press reported that Nvidia (also translated as Nvidia) fell about 7.5% that day, Advanced Micro Devices (AMD) fell 14.6%, and cloud computing service provider Corewave fell about 12.1%. Reuters reported that the Philadelphia Semiconductor Index once fell more than 8%, and large chip stocks such as HUDA and Broadcom were under selling pressure; New cloud service provider Nebius fell 15.2%, and data center-related companies Applied Digital and IREN also fell more than 14%.

Other technology stocks were also under pressure. Qualcomm (Qualcomm) fell nearly 12%. In addition to the overall market selloff of technology stocks, it was also hit by fourth-quarter smartphone chip sales forecasts that fell short of market expectations. Big technology stocks like Microsoft, Amazon and Alphabet also declined. The market is worried that once data center construction slows down, supply chain companies such as chips, memory, servers and power equipment may face the risk that orders and future revenue growth will be lower than expected.

The Democratic Party won some states where building data centers is highly controversial, according to Reuters analysis, deepening market concerns about barriers to future construction. UBS analysts estimate that about 30% of new data center capacity expected in the United States in 2028 could be affected if some data center construction projects are suspended. Because data centers require large amounts of electricity, land and water resources, related plans have generated controversy in some local communities in recent years and may face closer scrutiny in the future.

However, the market decline was not solely caused by the election results. Investors have also recently begun to question whether the huge money invested by technology giants in AI can bring reasonable returns. In addition, the performance outlook of some chip companies is not as good as market expectations, as well as profit-booking after the previous trading day’s surge, which has led to increased selling pressure.

From a sharp rise after the election to a sharp fall the next day, the US stock market reversed sharply in just one day, which also reflects the market’s changing attitude towards the prospects of the AI ​​industry: investors no longer only focus on the business opportunities brought by the development of AI, but also begin to re-evaluate data center construction costs, policy risks, and corporate profitability.