Data center shares fall as investors expect slower AI buildout after Democrats win Congress; Hut 8 drops 23%, IREN 11%, Core Scientific 10%, Applied Digital 7%
THE SO WHAT
Markets are starting to price political risk into AI infrastructure — a Democratic Congress is being read as a brake on the most aggressive buildout plans. If you’re planning large-scale deployments, assume permitting, siting, and incentives could tighten and bake that friction into your timelines and vendor exposure.
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