Fears that Democrats will slow down AI development and data center construction have triggered a massive crash among semiconductor and software stocks 🔽

Nvidia (-5%) has officially entered a bear market, sitting 22% below its peak.

Elon Musk also took a hit, with his core businesses based in Texas—where Republicans just lost for the first time since 1988:
▶️ Tesla -9%
▶️ SpaceX -7.5%

Meanwhile, BTC is tagging along at $76k 🕐