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Asia’s Tech Stocks Plunge Amid US Market Turmoil Over AI Regulations

November 6, 2026 • 3 hours ago •

ASIA: Asian stock markets experienced a significant downturn on Friday, following a steep decline in US markets driven by fears of increased regulatory scrutiny and a slowdown in artificial intelligence (AI) development. The selloff marks the most severe drop in US stocks since the tariff-induced selloff in April 2025.

Japan’s Nikkei index plummeted by 7% shortly after the market opened, while benchmark indices in South Korea and Taiwan fell by over 8%. However, the markets began to stabilize as dip buyers entered the fray, attempting to capitalize on the lower prices.

The volatility in Wall Street has sent shockwaves through global markets, with the Nasdaq dropping 5.5% and approximately $3 trillion erased from the S&P 500 companies. Investors are increasingly concerned that the Democratic Party, which gained significant ground in the recent midterm elections, may impose restrictions that could hinder the ongoing AI boom.

Looking ahead, market analysts are closely monitoring the political landscape and its potential impact on technology investments. Upcoming discussions among policymakers regarding AI regulations are expected to shape market sentiment in the coming weeks.

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