Artificial intelligence stocks experienced a setback following midterm election results that favored candidates supporting restrictions on data center development in key states like Texas and Ohio. This political shift poses risks to companies involved in AI infrastructure, including chipmakers and equipment suppliers, potentially impacting their future earnings. Investors are closely watching upcoming earnings reports from AI-related companies such as CoreWeave, Nebius, Cisco Systems, and Applied Materials to gauge the sector's recovery. Additionally, inflation data and Federal Reserve speeches this week will influence market expectations for interest rate hikes, adding further uncertainty to the investment landscape.
Applied Materials shows resilience with a 4.22% gain to USD 332.71 as of Nov 09, 2026 01:21 WIB on Pluang, contrasting with Cisco Systems' 1.95% drop to USD 93.85 amid AI sector concerns. The political shift affecting AI infrastructure stocks is reflected in these mixed moves, while investors await earnings reports and Federal Reserve commentary for clearer direction.
