Could the AI bubble burst after Democrats’ midterms sweep? – The Latest

Global tech stocks have plunged after the Democrats’ victory in the US midterm elections, with fears of a slowdown in AI development. Major tech corporations including Apple, Tesla and Nvidia shed about $1tn in a single trading session. Is this stock market jitters, or a sign the AI bubble might be about to burst? Lucy Hough speaks to senior economics correspondent Richard Partington – watch on YouTube. Help support our independent journalism at theguardian.com/infocus