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The Zhitong Finance App learned that the physical framework of artificial intelligence, the data center, is changing from the grand blueprint of Silicon Valley to a “giant electricity bill” at the doorstep of American voters. Barclays Bank's stock tactical strategy team officially included this risk in its market outlook on Tuesday, warning investors not to assume “rapid AI application growth and a relaxed political environment can coexist for a long time.” Evercore ISI and BCA Research have also previously warned that a populist backlash against AI could cause trouble for the stock market. Bank of America also stated bluntly that if the Democratic Party wins the Senate and the post of governor of Texas in the midterm elections, US stocks may fall by more than 10% next year.

Zhitongcaijing·08/25/2026 23:33:06
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The Zhitong Finance App learned that the physical framework of artificial intelligence, the data center, is changing from the grand blueprint of Silicon Valley to a “giant electricity bill” at the doorstep of American voters. Barclays Bank's stock tactical strategy team officially included this risk in its market outlook on Tuesday, warning investors not to assume “rapid AI application growth and a relaxed political environment can coexist for a long time.” Evercore ISI and BCA Research have also previously warned that a populist backlash against AI could cause trouble for the stock market. Bank of America also stated bluntly that if the Democratic Party wins the Senate and the post of governor of Texas in the midterm elections, US stocks may fall by more than 10% next year.