SignalTech/AI
The Nasdaq plunges 4% — and toward correction territory — as election results spook AI and chip stocks
Nasdaq's 4% drop toward correction territory signals election-driven selloff in AI and chip stocks.
Context
What happened: The Nasdaq fell 4% and moved toward correction territory as election results weighed on AI and chip stocks. The S&P 500 and Dow Jones Industrial Average also fell sharply.
Key numbers: Nasdaq down 4%.
Why it matters: Investors weighed a possible slowdown in data center construction, which pressured AI and chip shares.
Coverage: 5 outlets in 24h
What changed
The Nasdaq fell 4% and moved toward correction territory as election results weighed on AI and chip stocks. The S&P 500 and Dow Jones Industrial Average also fell sharply.
Why it matters
Investors weighed a possible slowdown in data center construction, which pressured AI and chip shares.
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Nov 05, 2026 06:25 PM ET