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2026-11-04 19:58:25
[Nvidia Shares Rise Against the Trend on Wednesday: Positive Earnings Ease Concerns About Data Center Delays, Political Censorship Risks Remain] (1) Despite the possibility that a Democratic victory could push for stricter restrictions on data center construction, Nvidia shares rose on Wednesday. Positive earnings from major chip companies suggest that market concerns about data center construction delays have not yet immediately affected Nvidia and other hardware companies; customers are still scrambling to stockpile AI hardware, even though it is uncertain whether there will be suitable locations to install these devices in the future. (2) The defeats of Republican governors in Texas and Ohio mean that AI infrastructure construction will face stricter scrutiny. Mark Haefele, chief investment officer of UBS Global Wealth Management, wrote in a research report that increased congressional oversight will not necessarily hinder the AI investment cycle; comprehensive federal restrictions will face legislative and presidential constraints, while state and local regulations will still have a greater impact on data center construction timelines and site selection. (3) Nvidia will face greater challenges in the future if Democratic politicians do push for stricter measures to restrict AI data center construction. However, the market is currently more focused on signs that chip demand remains strong after the stock's recent weak performance.
