Nasdaq Plunges Over 5% on Data Center Ban Fears; Texas Froze Approvals Before Gina Hinojosa Won
· techtimes.com · popularity 17/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)
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Summary
Nasdaq selloff data centers: the Nasdaq Composite fell about 5.5 percent Thursday, its biggest one-day drop in 19 months, as chipmakers sold off on fears of tougher AI regulation after Democrats won Congress. Texas Governor Greg Abbott had already paused data center approvals before Gina Hinojosa won, so the open question is how that freeze ends.
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