{
  "id": 18342252,
  "title": "Tech-stock rout accelerates retreat from the AI trade",
  "url": "https://urgent.news/2026/11/05/tech-stock-rout-accelerates-retreat-from-the-ai-trade-18342252",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-05T16:40:37.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/tech-stock-rout-accelerates-retreat-ai-trade-6528446"
  },
  "original_language": "en",
  "account": "On November 5, tech stocks experienced their worst decline since June, with the semiconductor index dropping by double digits and the Nasdaq composite falling by up to 5 percent. This sharp decline signaled a potential correction, a 10 percent pullback from the sector's high last month. Numerous large technology companies, including Advanced Micro, Sandisk, Micron, Dell, and Marvell Technology, suffered significant losses. The recent selloff in the AI sector is part of a series of recent declines, following a record close for the Nasdaq on October 6. Factors contributing to the market retreat include reduced financing access for data center construction and new nationwide ballot initiatives that could limit building activities. AI stocks are already in a private bear market, with the semiconductor index down 31 percent from its 52-week high. Many AI-related companies, such as Apple, are cutting back on AI spending due to a lack of sufficient return on investment. Analysts are debating the impact of the recent election on the tech sector, with some suggesting that policy shifts could create new winners and losers across various sectors.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}