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Tokyo stocks fall as US election results spark fears of stricter data center rules affecting chipmakers and AI firms.

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04 Nov 2026, 14:06 WIB
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Bearish
Tokyo stocks fall as US election results spark fears of stricter data center rules affecting chipmakers and AI firms.

Tokyo's stock market dropped sharply after US Democrats won both the House and Senate, raising concerns about potential stricter regulations on data centers, especially in Texas where a moratorium on new data centers was promised. Key tech stocks like memory chipmaker Kioxia fell over 13%, and SoftBank dropped 7%, reflecting fears that Democratic gains could slow AI infrastructure spending. However, these fears are based on campaign promises and veto threats, so the actual impact remains uncertain. Investors are watching if these political developments will translate into real policy changes or remain headline risks.

The story about Kioxia and SoftBank comes with a market context where 114 out of 150 technology-sector US stocks on Pluang rose today. For readers following technology stocks, here is Pluang's market snapshot as of Nov 04, 2026 18:02 WIB: XYZ (Block Inc) increased by 8.40%, YOU (Clear Secure Inc) rose 7.31%, and AMD (Advanced Micro Devices) gained 6.38%.

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