AI Boom in Danger? Chip Stocks Fall After Election Shake-Up

Micron and other chip stocks fell after Democratic wins in Texas and other states. The results raise doubts about long-term government support for AI data centers. Investors worry the political shift could slow future AI projects. However, analysts say the election does not cancel projects already funded. Construction and spending already approved will continue. The drop shows how sensitive chip stocks are to election results. The AI buildout has driven major growth for chipmakers. Any sign of weaker support can move markets quickly.