Asian stock markets drop as Democratic win stokes fears over AI scrutiny

Nikkei Asia · JADA NAGUMO · 2026-11-05 07:58 UTC

US midterm results drag on tech shares in Japan, South Korea and Taiwan

TOKYO -- Japanese and South Korean stock markets fell on Thursday, with tech shares under pressure after the Democrats' emphatic victory in the U.S. midterm elections stoked expectations of tighter scrutiny in the artificial intelligence sector.

US midterm results drag on tech shares in Japan, South Korea and Taiwan

Voters opposed nearly all of 41 ballot measures across 10 U.S. states concerning the construction of AI-related data centers. © Reuters

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