Global tech stocks plunge as US midterms add to AI slowdown fears

BBC News · Rachel Clun · 2026-11-05 16:44 UTC

Investors have reacted to possible tougher scrutiny of data centre construction and the AI industry.

Global stocks plunge as fears over US AI slowdown spread to Asia and Europe

Global stock markets have tumbled after investors sold tech shares on fears that the US midterm elections would slow the development of artificial intelligence (AI).

The sell-off, which started in the US and then spread to Asia and Europe, has seen trillions of dollars wiped off the stock value of major tech firms.

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