Tech Stocks Plunge as Traders Dump Everything With AI Exposure | Bloomberg Intelligence

The shifting U.S. political landscape is reshaping investor sentiment toward the semiconductor and AI industries, with concerns mounting over slowing data center expansion following recent election results. While chip manufacturers like Qualcomm face significant margin pressure from rising input costs and memory chip shortages—expected to persist into 2027—hyperscalers may ultimately benefit from more disciplined capital allocation. Policy risks are also intensifying as the administration increasingly relies on executive action, particularly in the energy and defense sectors, where spending is likely to remain at status quo levels despite political rhetoric. Beyond market dynamics, investigative findings reveal a concerning loophole in the advertising ecosystem, where location data from popular mobile applications is being harvested and sold to law enforcement agencies, bypassing traditional Fourth Amendment protections and prompting urgent calls for legislative reform.