Bad memory: Some chip stocks are tumbling despite the broader post-election rally for tech. Heres why

After Tuesdays decisive election victory for Democrats, investors appear to be less confident that the AI data center buildout will unfold at the same scale. Tuesdays blue tsunami didnt just boost the Democrats fortunes. The 2026 midterm results also fueled a surge in the stock market, with all but a few Big Tech stocks seeing notable gains.