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Deep & Emerging Tech·November 4, 2026·1 min read

Micron and other chip stocks slip as election results strike at the core of data-center optimism

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Local politics is now a first-order variable in AI infra planning — Democratic wins in Texas and elsewhere are already repricing data-center optimism without touching funded projects. If you’re modeling multi-year AI capex, you need a permitting and power-policy scenario baked into the IRR, not just chip supply.

Deep & Emerging Tech

TeraWulf secures a credit backstop agreement with Google to support financing for its data center project with Anthropic in Kentucky, set to come online H2 2027

A Google-backed credit backstop for TeraWulf’s Kentucky data center with Anthropic — online H2 2027 — shows hyperscalers are now underwriting data-center financing, not just signing leases. If your AI plans depend on future capacity, start treating power and credit arrangements as first-class risks, not someone else’s problem.