KOSPI crashes 8% to below 5,000, Nikkei plunges 5% as US elections trigger AI rout; Samsung, SK Hynix sink- Moneycontrol.com

Moneycontrol · Shaleen Agrawal · 2026-11-06 04:00 UTC

South Korea's KOSPI plunged nearly 9 percent, triggering a circuit breaker, while Japan's Nikkei tumbled over 5 percent as the US midterm election results sparked a global AI stock rout. Samsung Electronics, SK Hynix, TSMC and SoftBank led the selloff amid fears of tighter AI regulation and slowing data centre investments.

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