Nikkei, Yen, Hang Seng: Investors Shift - AI Stocks Plummet in Asia
Investors fear that the Democrats' election victory could slow down the expansion of AI data centers. In Japan, they are shifting their positions to other industries as a result.
Asian stock markets have shown mixed results on Thursday, despite a boost in sentiment from falling oil prices. Japan's Nikkei index dropped 0.8% to 61,687 points, while the Topix index rose 1.5% to 3955 points. The Shanghai and CSI-300 indexes in China saw minimal changes, and South Korea's Kospi index lost 0.5% to 5380 points.
Shares in chip-related companies, such as Advantest and Tokyo Electron, declined sharply, with investors shifting capital to other sectors amid concerns that US Democratic election gains may slow down data center projects.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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