Asian AI and Chip Stocks Tumble on US Data-Center Fears
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Summary
CNBC reported on November 6, 2026, that Asian technology and chip stocks tumbled amid US data-center policy fears and Wall Street’s AI-linked selloff, with contract chipmaker TSMC down 9.6% and South Korea’s SK Hynix losing more than 8%. Investors were concerned that Democrats’ sweeping US midterm victory could produce tighter restrictions on data-center development. Timothy Moe, Goldman Sachs’ chief Asia Pacific equity strategist, said position unwinding, stop-loss selling and heightened…
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