AI Trade Collapse Wipes $4.2 Trillion From Data Center Stocks

The market capitalization of data center construction companies fell by $4.2 trillion as investors retreated from the AI trade. Nvidia has lost more than $1.8 trillion in market value since its peak on Oct. 6, with its shares falling 57. The S&P 500 and Nasdaq both managed to post winning weeks as of Nov. 13.