Financial markets are prone to knee-jerk reactions. Last week’s dramatic sell-off in US technology stocks in response to the sweeping victory of the Democratic Party in America’s midterm elections was clearly overdone, yet even the most bullish tech analysts acknowledge the results mark an inflection point for the artificial intelligence (AI) infrastructure buildout. Not only did the Democrats secure majorities in both chambers of the US Congress, they seized control of state legislatures and...
US data centre backlash could be blessing in disguise for AI buildout
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SCMP - Feed 91By Nicholas Spiro
EXECUTIVE SUMMARY
Financial markets are prone to knee-jerk reactions. Last week’s dramatic sell-off in US technology stocks in response to the sweeping victory of the Democratic Party in America’s midterm elections was clearly overdone, yet even the most bullish tech analysts acknowledge the results mark an inflection point for the artificial intelligence (AI) infrastructure buildout. Not only did the Democrats secure majorities in both chambers of the US Congress, they seized control of state legislatures and...
Key Takeaways
- US data centre backlash could be blessing in disguise for AI buildout.
- Financial markets are prone to knee-jerk reactions.
- Not only did the Democrats secure majorities in both chambers of the US Congress, they seized control of state legislatures and...
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Published originally on SCMP - Feed 91
