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US stocks plunge as AI and chip sectors lead selloff amid debt and regulatory concerns

Market News
06 Nov 2026, 02:02 WIB
Fox Business
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Bearish
US stocks plunge as AI and chip sectors lead selloff amid debt and regulatory concerns

US stock markets fell sharply, with the Dow down 3.44% and Nasdaq down 5.52%, driven by heavy selling in AI and semiconductor stocks. The selloff reflects worries about rising debt from tech companies funding AI infrastructure, political uncertainty after midterm elections, and questions about the return on investment in data centers. Power supply constraints and regulatory hurdles at the state level add to investor concerns. Experts suggest this is a sentiment reset rather than a fundamental change, advising long-term diversification over reacting to volatility.

Wall Street's growing concerns about AI provide context for these market movements. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 06, 2026 07:11 WIB: out of 150 priced stocks, 19 rose and 131 fell. Notable movers include AXTI at USD 36.41 with a 1-day change of -23.41%, U at USD 52.00 with +22.47%, and TEAM at USD 151.00 with -20.48%.

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