So let me get this straight.

Democrats don't want data centers in America. But they also don't want to allow Nvidia to export these powerful GPUs to China so China can build data centers too.

What?

If they think these GPUs are so important to allowing the US to stay ahead in tech, then why would they deliberately slow down the build out?

Oddly enough people can both believe that we shouldn’t build nuclear bombs and shouldn’t export plutonium.

How is that the same thing though?

Except that we have built enough nuclear bombs to blow up anyone and we don’t export plutonium.

Have we built enough data centers to satisfy demand forever and stay ahead forever?

Ahh, you seem to have a poor grasp of how analogy works.

Opposing the accumulation of nuclear arms (analogy hint: building data centers in the US) is morally, intellectually, and logically consistent with opposing nuclear proliferation (analogy hint: export of GPUs, allowing imaginary or real opponents to widen the, again imaginary or real, stochastic parrot gap).

My point is that it’s perfectly logical to oppose data centers generally and also oppose exporting the tech required to build data centers elsewhere, rather by QED.

It's a poor analogy, if I understand what you're trying to say.

Do you think we've already finished building what is equivalent of a nuclear bomb in AI? Is that enough to deter all nations? Is it enough that China or other countries will never surpass the US in AI?

It’s an excellent analogy, you just seem to be drifting from your original question.

No one should build these things; at best they’re an extremely costly and dirty technology that can never be used to meaningful advantage, at worst they’re an extremely costly and dirty technology that has a tendency to metastasize and eat away the host from the inside. A reasonable reading of the externalities should put a brake on both building out and on exporting the means of building out.

Come back to the real world.

Already there. I’m well aware that morons will happily build the proof they’re morons.

I believe the market heavily overreacted.

A drop made sense, but I think it may have been the tipping point for most holders that had survived the months of onslaught.

They wanted a reason to get out, and their portfolio dropping by 10% in a day was just that.

As we see by the premarket's resurgance, eg AMD up 7% premarket (as of now), other people may have realized the overreaction aswell.

It never falls as direct line, it will rebound, then fall again. Most data-center related stocks continue loosing their peak value (as Nov 05 2026):

SanDisk $SNDK: -66%

Arm Holdings $ARM: -64%

Coinbase $COIN: -63%

Nebius $NBIS: -62%

Seagate $STX: -60%

Marvell Technology $MRVL: -59%

ServiceNow $NOW: -57%

Oracle $ORCL: -56%

AppLovin $APP: -54%

Circle $CRCL: -54%

Super Micro Computer $SMCI: -51%

Micron $MU: -48%

Dell $DELL: -47%

SpaceX $SPCX: -47%

Qualcomm $QCOM: -43%