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● LIVE Updated 1h ago · 18 sources tracked

Asian stock markets plunge as Japan Nikkei, South Korea KOSPI and Taiwan stocks fall

Asian equity markets experienced significant declines following a broader global sell-off triggered by concerns over artificial intelligence investment. The Japan Nikkei index fell below the key 60,000 level, while South Korea's KOSPI and Taiwan's stock market also saw substantial losses, with chip stocks particularly hard hit, including SK Hynix down 11.7% and Taiwan shares dropping more than 8%. This follows similar downturns in US and European markets driven by AI-related jitters.

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  • ✓ Japan's Nikkei index fell below the key 60,000 level on AI selloff.
  • ✓ South Korea's KOSPI and Taiwan stocks fell significantly.
  • ✓ Asia's chip stocks crashed overnight with SK Hynix down 11.7% and Taiwan off more than 8%.
  • ✓ Asian markets follow US rout as AI investment jitters spread.
🛡️ Source Corroboration: 18 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Asian markets experienced their first major downturn following the US AI-driven sell-off, with the Nikkei breaking below 60,000 and KOSPI and Taiwan stocks falling significantly, including chip stocks like SK Hynix down 11.7%.

Live updates

  1. Asian stock markets plunge as Japan Nikkei, South Korea KOSPI and Taiwan stocks fall

    Asian equity markets experienced significant declines following a broader global sell-off triggered by concerns over artificial intelligence investment. The Japan Nikkei index fell below the key 60,000 level, while South Korea's KOSPI and Taiwan's stock market also saw substantial losses, with chip stocks particularly hard hit, including SK Hynix down 11.7% and Taiwan shares dropping more than 8%. This follows similar downturns in US and European markets driven by AI-related jitters.

    Why it matters

    The sell-off represents a global reassessment of AI-related investments after initial enthusiasm. Asian markets, particularly those with significant technology sector exposure like Japan, South Korea, and Taiwan, have been hit hard as investors digest concerns about sustained AI spending and its economic impact. The decline in chip stocks reflects worries about demand for semiconductor products, which are critical components in AI systems.

    What is confirmed

    • Japan's Nikkei index fell below the key 60,000 level on AI selloff.
    • South Korea's KOSPI and Taiwan stocks fell significantly.
    • Asia's chip stocks crashed overnight with SK Hynix down 11.7% and Taiwan off more than 8%.
    • Asian markets follow US rout as AI investment jitters spread.
    • Japan and Korea tech stocks sink amid global AI rout.

    What to watch next

    • Potential Federal Reserve policy decisions on interest rates
    • Future corporate earnings reports from major AI-dependent companies
    • Any indication of AI investment policy changes from major tech firms
    Sources used for this update (19)
    1. www.newsday.com — Newsday | Long Island's & NYC's News Source - Newsday
    2. www.mitrade.com — Weekly Market Wrap: AI spending hit a reality check — and Starlink rewrote the telecom trade
    3. timesofindia.indiatimes.com — Saudi Arabia Turns To Iran Amid Houthi Strikes, Dealing Trump A Major Gulf Blow? - Times of India Videos
    4. www.foxbusiness.com — Great Business Leaders in America & Around the World | Fox Business
    5. asia.nikkei.com — Exclusive: Apple cuts iPhone 18 Pro orders due to soft demand - Nikkei Asia
    6. www.freepressjournal.in — Apple Pro & Tell Event Tonight: Touchscreen MacBook Pro, New iMac Expected
    7. coinpedia.org — Bitcoin Surges Above $81,000 Ahead of Fed Decision – Will BTC Price Rally Toward $88K or Drop to $76K?
    8. cashwalklabs.io — GM will switch to Nasdaq from the NYSE on Nov. 17
    9. AP News — How one bank’s collapse is upending Paraguay, trapping savings and threatening its president
    10. CNN — Asian markets follow US rout as AI investment jitters spread
    11. Financial Times — Markets live: Global stocks tumble as Democratic midterm sweep sparks AI rout
    12. Bloomberg.com — Japan’s Nikkei Breaks Below Key 60,000 Level on AI Selloff
    confidence 90%
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