Wall Street's post-midterm rally fades as chip stocks plunge on AI data center fears

A record post-midterm stock rally lasted one day before roughly $3 trillion in value vanished, led by chip and AI stocks on fears new Democratic governors will pause data center projects.

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2026-11-05 20:41 · Fortune AI
Wall Street’s best post-midterm rally in 44 years lasted just one day—then $3 trillion vanished as chip stocks plunged over AI fears

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