Nov 5, 2026 · 7 min
Tech selloff exposes AI infrastructure’s market vulnerability
Bloom Energy Drops, Sandisk Falls, Western Digital Down as Tech Selloff Deepens
The episode shows how quickly investor enthusiasm can reverse across AI data-center, memory, and technology stocks after the midterm elections.
- 1Bloom Energy became the S&P 500’s biggest decliner as investors reassessed AI data-center investment.
- 2Western Digital fell with technology and data-center stocks but remained substantially higher for the year.
- 3The selloff reflects rotation away from AI infrastructure and memory-related shares rather than an isolated company move.
Don't miss
The discussion contrasts Western Digital’s sharp daily decline with its substantially higher year-to-date performance after the memory boom.
The brief
The hosts frame the market’s post-midterm-election technology selloff through two sharp decliners: Bloom Energy and Western Digital, both tied to investor enthusiasm for infrastructure and memory demand.
Bloom Energy emerges as the S&P 500’s biggest decliner, with the discussion linking its slide to concerns about AI data-center investment and the market’s reaction to election results.
Western Digital also falls sharply as data-center and technology shares weaken, but its daily loss obscures a much stronger performance over the year after the memory boom.
Taken together, the moves suggest investors are rotating away from AI infrastructure and memory-related stocks, making the selloff broader than either company’s individual news.
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