Livemint · Markets
Why Asian AI stocks tumbled after US midterm results as Kospi plunged over 5%; key reasons explained
Published by Livemint on IST
South Korea’s Kospi fell 5.3% as technology and semiconductor shares sold off, prompting temporary trading restrictions. Asian markets also declined amid concerns that Democratic gains in US midterm elections could bring tighter limits on AI data centres and pressure to curb military spending.
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