Seven forecasts for the economy after the midterm elections – and how plausible they are
Are the Democrats stopping the construction of new data centers? Is the trade war coming to an end? Or will Donald Trump ultimately use his veto power after all? This is how the situation presents itself for the US economy.
The US midterm elections have resulted in the Democrats gaining control of both houses of Congress, leading to increased uncertainty for American businesses. The Democrats' economic policies, which include more regulation and higher corporate taxes, have raised concerns among investors that stricter rules could slow down the development of artificial intelligence and negatively impact economic growth.
The outcome may affect major tech companies such as Amazon, Meta, and Microsoft, as well as chip producers like Nvidia and Samsung. Donald Trump's plans for rapid data center expansion may be hindered by the Democrats, with some states like Texas already considering a moratorium on data center construction.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
