Midterm Results Slow AI Boom and Weigh on Stocks

Democratic victories in US midterm races driven by data centre opposition signal a shifting public mood on artificial intelligence. Investors warn the results could usher in tougher regulations and impact financial markets.

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FILE PHOTO: File Photo: A view of a field with a sigh against the construction of a data center, during the US midterm elections on Election Day, in Leavenworth County, Kansas, US, November 3, 2026. REUTERS/Nathan Howard/File Photo/File Photo

Democrats won gubernatorial and Senate races in the United States midterm elections on Tuesday, driven partly by opposition to data-centre developments. The victories threaten to slow the artificial intelligence infrastructure boom that has supported economic growth.