Chip Stocks Drop Up To 10% As Democrats Win Texas

Major semiconductor stocks like Micron, AMD, SanDisk, and Nvidia plummeted by up to ten percent at the market open. The sell-off follows Democratic victories in the House, Senate, and the Texas gubernatorial race. Newly elected Governor Gina Hinojosa has pledged an immediate moratorium on data center construction across the state. This political shift directly threatens regional AI infrastructure growth and investor confidence.