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Factbox-Companies most exposed to potential US data-center curbs after blue sweep

Factbox-Companies most exposed to potential US data-center curbs after blue sweep

Nov 5 (Reuters) - Democratic victories in key data-center states such as Texas and Georgia have fueled expectations of tighter AI oversight, while investors also worry that a potential extension of Texas' data-center permit freeze could delay projects, adding to scrutiny over the sector's hefty

OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC

OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC

Nov 6 (Reuters) - OpenAI will press ahead with its US data-center expansion plans despite a Democratic midterm sweep this week that has fueled fears of tighter scrutiny of the facilities, its Chief Financial Officer Sarah Friar told CNBC in an interview on Friday.

Microsoft tightens oversight of neocloud data center projects, Bloomberg News reports

Microsoft tightens oversight of neocloud data center projects, Bloomberg News reports

Nov 5 (Reuters) - Microsoft tightens oversight of some data center projects from neocloud providers Nebius, IREN and Nscale, Bloomberg News reported on Thursday, citing people familiar with the matter.

Gathering AI storm clouds doom tech stocks to darkest day in a year

Gathering AI storm clouds doom tech stocks to darkest day in a year

By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) - Big tech stocks slumped Thursday, putting them on track for their biggest decline since the "Liberation Day" rout last year, the most significant shakeout yet in what has been a punishing autumn for the AI trade.

Investors wipe $2.5 trillion off Nasdaq as blue tsunami prompts AI fears

Investors wipe $2.5 trillion off Nasdaq as blue tsunami prompts AI fears

By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) - Tech-led Nasdaq notched its deepest one-day drop since ‘Liberation Day’ in April 2025, wiping out trillions in market value on fears of more AI scrutiny, particularly on data center construction, after Democrats won big in US midterm

Democrats' midterm sweep fuels $750 billion Big Tech rally

Democrats' midterm sweep fuels $750 billion Big Tech rally

By Aditya Soni and Darshan Kumar R Nov 4 (Reuters) - Democrats' midterm election sweep sent shares in US tech giants soaring on Wednesday as investors bet that potential curbs on new data-center construction could cement their grip on scarce computing power while easing pressure on strained cash

AI storm dooms tech stocks to $2 trillion decline on darkest day since 2025

AI storm dooms tech stocks to $2 trillion decline on darkest day since 2025

By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) - Big tech stocks slumped on Thursday in their biggest decline since the "Liberation Day" rout last year, extending what has been a punishing autumn for the AI trade.

Data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

Data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

Opposition to data centers was part of midterm races across the U.S., with campaigns featuring them in hundreds of millions of dollars' worth of TV ads and many winners pledging to clamp down on the energy-hungry behemoths

OpenAI kicks off charm offensive to change voters' view of data centers

OpenAI kicks off charm offensive to change voters' view of data centers

By Deepa Seetharaman SAN FRANCISCO, Nov 5 (Reuters) - Stunning victories by Democrats in US midterm elections this week have been interpreted by many as Americans repudiating tech industry plans to build data centers across the country.

IREN tops quarterly revenue estimates, delays some Microsoft AI infrastructure deliveries

IREN tops quarterly revenue estimates, delays some Microsoft AI infrastructure deliveries

Nov 5 (Reuters) - IREN on Thursday beat quarterly revenue estimates on strong growth in its AI cloud business, sending its shares up more than 4% in volatile extended trading.

Tech Stocks Experience Significant Selloff Amid Concerns Over AI Data Center Buildout Slowdown

Tech Stocks Experience Significant Selloff Amid Concerns Over AI Data Center Buildout Slowdown

Tech Stocks Experience Significant Selloff Amid Concerns Over AI Data Center Buildout Slowdown

Wall St slumps as sharp tech losses put Nasdaq on course for correction

Wall St slumps as sharp tech losses put Nasdaq on course for correction

By Shashwat Chauhan and Utkarsh Hathi Nov 5 (Reuters) - US stocks dropped sharply on Thursday, with the Nasdaq poised to confirm correction territory as steep losses in chip and data center-related stocks weighed a day after the Democrats' sweeping midterm election victory powered a broad-based