Trump backs AI data centers in Truth Social post as rout deepens: '100% in favour of Super Intelligence,' blames voters for selloff
What happened
President Trump posted on Truth Social on Friday morning, November 6, reiterating his support for artificial intelligence as the market rout deepened, writing: 'As President, I am 100% in favour of Super Intelligence (SI), and will work with the many States in the US that want to become RICH by having them. They are GOLD, and only foolish leadership will say "NO" to the riches they bring!' In a separate post he blamed voters for the market chaos, writing 'You only have yourselves to blame!' The posts came a day after the Nasdaq's 5.52% plunge and as Nasdaq-100 futures staged a roughly 1.8% premarket bounce ahead of the 8:30 a.m. ET October jobs report.
Why it matters & what’s next are part of Pro, along with the audio summary.
Start your free 14-day trialWho’s affected
- AI/data-center exposed names at the center of the rout — Nvidia (NVDA, -9.3% Thursday), Microsoft (MSFT, declined to double its Nscale deal), Meta (META), Alphabet (GOOGL), Amazon (AMZN), Tesla (TSLA, -10.8% Thursday) — plus data-center operators and AI infrastructure names (CoreWeave, IREN, Applied Digital, Nebius) that fell 12%+ Thursday. A presidential pushback against the data-center crackdown narrative is a modest tailwind for all of them, though it does not change the new Congress's composition.
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