AI stocks tied to Texas data center in focus after Hinojosa win

[Hutto Data Center in Texas for Artificial Intelligence Hyperscale Campus Power Infrastructure Construction] BackyardProduction/iStock via Getty Images Shares of AI infrastructure companies with Texas exposure slumped in overnight trading after Democrat Gina Hinojosa defeated Republican incumbent Greg Abbott in the Texas governor’s race, raising concerns over potential curbs on data center expansion. Hinojosa has called for a moratorium on new data-center projects until protections are established for electricity supplies, water resources, and local communities. She is expected to take office in January 2027. Nasdaq-100 futures fell 2%, while the State Street Technology Select Sector SPDR ETF (XLK [https://seekingalpha.