Graph showing a sharp decline in Nasdaq stock prices

Tech Stocks Plunge $2 Trillion Amid Fears of AI Crackdown After Midterms

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Following the midterm elections, tech stocks experienced a significant sell-off, with the Nasdaq dropping over 5%. Investors are concerned that a Democratic-controlled Congress and various states may impose stricter regulations on AI and data centers, triggering a $2 trillion rout in the sector.

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Originally published by npr