UBS Group CEO Sergio Emmotti said that the Democratic Party's sweep in the US midterm elections may trigger a slowdown in the pace of artificial intelligence computing power construction. In an interview with the media in Sydney on Monday, he said, “Investors have reason to question how much value can actually be created during this cycle. The question is more about time points, that is, how quickly these dividends can actually be paid out. In this sense, the market's questioning of valuation is reasonable and worthy of attention.” In key congressional elections, candidates advocating stricter regulation of AI won. This development worsened the already fragile global market environment as investors reassessed valuations after a sharp decline in technology stocks. Emerty said, “Political trends in the US may also slow down computing power construction. In the medium to long term, the AI cycle will undoubtedly be a very strong growth engine. However, in the short term, it may still be a subject full of variables, which will cause potential fluctuations in financial markets.”

UBS Group CEO Sergio Emmotti said that the Democratic Party's sweep in the US midterm elections may trigger a slowdown in the pace of artificial intelligence computing power construction. In an interview with the media in Sydney on Monday, he said, “Investors have reason to question how much value can actually be created during this cycle. The question is more about time points, that is, how quickly these dividends can actually be paid out. In this sense, the market's questioning of valuation is reasonable and worthy of attention.” In key congressional elections, candidates advocating stricter regulation of AI won. This development worsened the already fragile global market environment as investors reassessed valuations after a sharp decline in technology stocks. Emerty said, “Political trends in the US may also slow down computing power construction. In the medium to long term, the AI cycle will undoubtedly be a very strong growth engine. However, in the short term, it may still be a subject full of variables, which will cause potential fluctuations in financial markets.”