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Philadelphia Semiconductor Index Sinks 12.25% as Democrats Take Congress

COINOTAG·November 6, 2026·1 min read
Philadelphia Semiconductor Index Sinks 12.25% as Democrats Take Congress

The Philadelphia Semiconductor Index sank 12.25% after Democrats took Congress, with data center regulation fears hitting chip stocks, NVIDIA, and Bitcoin. The selloff reflects investor concerns over potential regulatory actions, impacting both tech and crypto markets as political shifts drive risk-off sentiment.

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