Nasdaq 100 Constituents Mixed as AI Regulatory Concerns Mount; Memory Chip and AI Infrastructure Stocks Under Pressure

TechFlow news, November 05: According to Bitget market data, during US intraday trading, Nasdaq 100 constituents were mixed. Affected by the US midterm election results, Democrats won control of both the Senate and the House, raising market concerns that AI regulation may tighten and data center construction and expansion may face more restrictions. Memory chips, AI cloud computing and high-speed connectivity semiconductor stocks were sold off; digital advertising and some retail stocks bucked the trend and rose.

On the gainers side, AppLovin (APP.O) rose 31.51%, primarily providing mobile app advertising technology, ad monetization and marketing automation solutions; Alnylam Pharmaceuticals (ALNY.O) rose 3.23%, primarily engaged in RNA interference (RNAi) therapeutics R&D; Costco (COST.O) rose 2.97%, primarily operating a membership warehouse retail business; Fastenal (FAST.O) rose 2.57%, primarily providing industrial and construction supplies distribution services; Roper Technologies (ROP.O) rose 2.47%, primarily providing vertical software and technology products.

On the decliners side, SanDisk (SNDK.O) fell 18.98%, primarily providing NAND flash memory and data storage products; Nebius Group (NBIS.O) fell 17.41%, primarily providing AI cloud computing infrastructure and GPU compute services; Astera Labs (ALAB.O) fell 17.30%, primarily providing high-speed connectivity semiconductor solutions for AI and cloud infrastructure; Advanced Micro Devices (AMD.O) fell 15.20%, primarily providing CPUs, GPUs and data center accelerator chips; Seagate Technology (STX.O) fell 14.89%, primarily providing hard disk drives and data storage solutions.

Source: TechFlow