AI Stock Sell-Off Weighs on Asian Markets After US MidtermsDemocratic Midterm Win Puts Pressure on Trump’s Market PrioritiesAI Sell-Off Shows the Cost of Political Uncertainty
Asian shares were mixed on Thursday, November 5, as steep losses in chip and AI-related stocks in South Korea and Japan offset gains elsewhere after the U.S. midterm elections.Asian markets were mixed on Thursday, November 5, as AI-linked stocks slid after Democrats took control of Congress in the U.S. midterms, while gains elsewhere reflected hopes for trade shifts.Asian markets were mixed on Thursday, November 5, as chip and AI shares sank after Democrats won control of Congress, despite a strong U.S. stock rally following the midterms.