Global tech shares fall after US midterm results fuel fears of tighter AI regulation
Asian technology shares fell sharply on Friday after a Wall Street sell-off triggered by fears that Democrats' victory in this week's US midterm elections could lead to tighter regulation of artificial intelligence. Trading in Seoul and Tokyo led the declines, with investors moving away from a sector that had helped push markets to record highs earlier this year. The sell-off also reflected concern that political pressure on data centre development could slow the pace of AI investment.The immediate market reaction followed a broad drop in US equities, where the Nasdaq fell 5.5% in its worst percentage decline since April last... [Continue Reading]
360LiveNews | 06 Nov 2026 05:29 LONDON
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