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AI stocks slide as Texas governor result raises data center risks

The US Capitol in Washington, DC, US, on Tuesday, Nov. 3, 2026. Aaron Schwartz | Bloomberg | Getty ImagesArtificial intelligence stocks came under pressure overnight as Democrats — seen as proponents of data center moratoriums — won big in midterm elections, with a key victory in the gubernatorial race in Texas, a key tech hub.Futures on the tech-heavy Nasdaq-100 were down 0.8%, more than double the decline in Dow Jones Industrial average futures. The State Street Technology Select Sector SPDR E...

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