100% support! Trump tweeted that AI is gold, saying “only idiots say no”
Quick Look
- President Trump posted a post on Truth Social in support of artificial intelligence, calling it "gold" and opposing restrictions on AI development.
- The Democratic Party’s victory in the mid-term elections previously triggered concerns about obstacles to AI regulation and data center construction, leading to a sharp sell-off in global technology stocks.
AI-generated summary
Why It Matters
The Democratic Party gained an advantage in the U.S. midterm elections, triggering market concerns about tightening AI regulations and hindering the construction of data centers. Trump advocates renaming AI as superintelligence and actively promoting the development of related industries.
The Democratic Party's sweep of the U.S. midterm elections sparked fears of tighter regulation of artificial intelligence (AI) and obstacles to the construction of data centers, and the sell-off in global technology stocks intensified. U.S. President Trump issued an article on the 6th saying that AI is gold and "only stupid leaders will say 'no' to the wealth they bring"!
Trump posted on his social platform "Truth Social", "As president, I 100% support super intelligence (SI, super intelligence) and will work with many states in the United States that hope to get rich by holding them. They are gold, and only stupid leadership will say 'no' to the wealth they bring!"
In September, Trump proposed at the United Nations General Assembly that AI should be renamed superintelligence (SI), saying that "the word artificial seems false and sounds false, but in fact it is not, it is very good." He then signed an executive order requiring government agencies to use the term superintelligence. On October 8, he issued a warning on the "Real Community" that anyone who refuses to use "super intelligence" and continues to use "artificial intelligence" will be regarded as an "enemy" by the White House.
The Democratic Party swept the U.S. midterm elections, triggering a sell-off in AI stocks. According to data from market intelligence company Cleanview, about 45% of the data centers planned to be built in the United States are located in Texas, Georgia, Michigan, Nevada and Ohio, where the winning governors have threatened to stop or suspend related construction.
The S&P 500 fell more than 4% on Wednesday, losing $3 trillion in market value. The Nasdaq plummeted 5.5%, the largest single-day decline since "Liberation Day" in April 2025. The market value of the Nasdaq 100, which tracks the index's 100 largest non-financial companies, shrank by $2.5 trillion. Philadelphia Semiconductor fell more than 12%. The selling wave showed signs of slowing down. S&P 500 futures rose 0.3% on the 6th, and Nasdaq 100 futures also recovered from the previous day's 6.4% decline, with the contract price rising 1.4%.
What to Watch
AI outlook — possibilities, not facts
Trump will continue to push for an executive order to mandate the use of "superintelligence" terminology.
Likely · Within months
Open Questions
- Will the governor actually follow through on his threat to halt data center construction?
- Will the sell-off in tech stocks continue?
