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Tech stocks plunge as US midterm results fuel fears of tighter AI rules

France 246 November 2026, 05:02 UTCUnited States of America

Asian tech stocks fell sharply on Friday, with Seoul and Tokyo leading losses after a Wall Street sell-off driven by fears of tighter AI regulation following Democrats’ US midterm election victory. Many winning candidates pledged to curb data centre development amid opposition to the projects from across the political spectrum.

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