Asian chip stocks plunge as US political shift rattles AI sector, China gains

di.se (Swedish) —

Asian chip stocks are plunging after Democrats gained power in the US, raising fears that data center and AI development will slow. China is emerging as a winner amid the turmoil. The sector, once considered nearly invulnerable, is now facing a selloff as investors worry about potential regulatory hurdles or reduced government support for tech infrastructure under the new political landscape. The market chaos highlights growing geopolitical tensions in the technology race, with China potentially benefiting from any US slowdown in AI investment and chip production.


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