Data-Center and Chip Stocks Extend Declines After Democrats Win Congress
Cloud-infrastructure and chip stocks continued to fall in early trade Thursday, two days after Democrats' midterm victory. Investors reassessed bets on stocks tied to the AI buildout.
By Connor Hart and Joe StonorCloud-infrastructure and chip stocks continued to fall in early trade Thursday, two days after a historic midterm defeat for Republicans.Investors are reassessing their bets on stocks linked to the artificial-intelligence buildout, as sweeping wins for Democrats in loca…