US Democrats pledge to curb data centre construction, threatening AI-driven market rally

Newly elected Democratic officials have pledged to restrict data centre construction, a move that could slow the AI infrastructure buildout that has underpinned recent US equity gains. The policy shift is at an early stage, with no specific legislation yet, but it signals a potential regulatory headwind for the tech sector. The market impact is uncertain, as the pledges may face political and legal hurdles.

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