Global Tech Selloff Deepens on AI Regulation Fears After US Democratic Win

Asian tech shares plunged on Friday, with Japan's Nikkei down over 6% and Taiwan's Taiex off more than 8% on TSMC's slump, extending a Wall Street selloff triggered by the Democratic victory in the US midterms. Markets are pricing in heightened risk of AI regulation and potential antitrust actions against big tech. The magnitude of the drop suggests investors are repositioning for a policy shift, though the exact regulatory scope remains uncertain.

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