Singapore investors weigh buying dip after AI stock rout

straitstimes.com —

A sell-off in US technology stocks has spread to Asia and Singapore, wiping out about US$2.5 trillion in market value, as investors weigh whether to buy the dip or cut exposure amid concerns over AI spending and regulatory scrutiny. The Nasdaq 100 plunged 6.4% on Nov 5, with the Philadelphia Semiconductor Index sinking 12.2%, hitting chip-heavy markets in South Korea, Taiwan, Japan, and Singapore-listed tech stocks. A Democratic Congress sweep raised prospects of tighter AI scrutiny, while crowded bets and leveraged speculation may have amplified the fall. Experts say long-term AI demand remains intact, but investors should watch for spending cuts by cloud providers and chipmakers. They advise focusing on companies with strong balance sheets, spreading purchases over time, and cautioning against heavy debt exposure in smaller AI firms.


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