Micron Technology (NASDAQ:MU) stock is down 6.4% as of 2:58 p.m. ET on Wednesday, Nov. 4, after the Democratic sweep in the midterms raised doubts about the pace of the AI data center buildout. The S&P 500 and the Nasdaq Composite are both up 1.7%. Democrats took both the House and the Senate on Tuesday night in a sweeping victory. They also won the governor's races in Texas and Ohio, both of which are big data center hubs.
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