Following the US midterm election results, US markets plunged and the Nikkei Average fell below ¥60,000 at times. Uncertainty over the outlook for AI and data-centre investment is spreading.
Reports that the Democratic Party won a landslide victory in the US midterm elections have led to widespread views that uncertainty is increasing in the market. Concerns are growing that investment in artificial intelligence (AI) and data centres may be curtailed, raising questions over the growth outlook for technology companies.
In the US, the Nasdaq Composite plunged 5.5%. In Tokyo, the Nikkei Average fell more than ¥4,300 from the previous day at one point on the 6th, briefly dropping below ¥60,000 for the first time in six months. These moves have been interpreted as reflecting changes in the outlook for AI-related demand and the IT sector.
The article will examine from multiple perspectives how developments in AI and data-centre investment may affect corporate management and markets going forward. It does not provide specific investment amounts or timing.