Technology stocks linked to artificial intelligence fell sharply on Wall Street following the midterm election results. Investors fear that a slower expansion of AI infrastructure could dampen the sector’s momentum. Sandisk plunged 20%, while Advanced Micro Devices, Micron Technology, Western Digital and Seagate Technology each lost more than 15%. Intel fell 8% and Nvidia dropped 9%, helping push the Nasdaq Composite toward its worst trading day since April 2025.
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