Democratic Wave in US Halts AI Data Center Expansion Backed by Musk and Silicon Valley

businessinsider.es (Spanish) —

A Democratic wave victory in the US midterm elections has delivered a major setback to the technology sector, halting the expansion of AI data centers backed by Elon Musk and Silicon Valley. The result represents a voter backlash against Trump administration policies and tech industry influence. Musk's substantial political donations failed to prevent Democratic wins, including in Texas where Republican Governor Greg Abbott lost and Ken Paxton was defeated by James Talarico. Stocks in AI-related companies fell, with CoreWeave dropping 9% and Nvidia and TSMC also declining. Voters approved over 30 measures restricting data centers, and 76% opposed new ones in their communities. Democrats gaining congressional control could now subpoena tech executives for testimony on AI acceleration. However, California billionaires may defeat a wealth tax proposal. The results reflect growing voter concerns about data centers' environmental impact, electricity costs, and AI's potential effects on jobs and humanity.


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