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2026-11-06T12:30:03.594Z

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AI Stocks Slide in Asia

AI Stocks Slide in Asia

The sell-off in AI stocks intensified across Asian markets amid fears that Washington would tighten regulatory restrictions on chipmakers and their suppliers following the results of the U.S. midterm elections. Japan’s Nikkei 225 and Taiwan’s Taiex entered bear-market territory, while South Korea’s Kospi plunged 8.8%, prompting a trading halt. Shares of Samsung, SK Hynix and TSMC fell to their lowest levels since April. Pressure also spread to the Taiwan dollar as foreign investors pulled out more than $45 billion during the quarter. Meanwhile, India’s Nifty rose about 7% in a week, buoyed by lower oil prices and strong domestic demand.

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