According to CoinMeta, the NASDAQ index faced selling pressure due to the Democratic Party's victory in the midterms. The NASDAQ 100 index fell by 6.4%, resulting in a loss of $2.5 trillion in market value, while the NASDAQ Composite Index dropped by 5.5% and entered a correction zone, falling nearly 12% from its October peak. The semiconductor sector suffered a heavy blow, with NVIDIA declining by 9% and AMD falling by 17%. AI infrastructure stocks were also hit hard: CoreWeave fell by 10%, Nebius fell by 15%, and the credit default swap for CoreWeave reached a record high. UBS estimates that about 30% of the planned new data center capacity additions in the United States by 2028 may be at risk due to construction delays following the Democratic Party's victory.