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Nikkei slides to three-month low amid AI stock selloff

Original: nikkei index

Japan's Nikkei index has dropped to its lowest level in three months, falling alongside other Asian markets. Reports link the slide to tumbling AI and chip stocks, with Big Tech funding concerns weighing on semiconductor shares across the region. Some outlets also point to jitters ahead of the US midterm elections, with investors positioning for a possible Democratic win.

Why now: A sharp regional market selloff driven by AI stock worries and US election uncertainty is dominating financial news

Nikkei indexJapanKospiBloombergEconomic Times

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Evidence

• Nikkei slides to 3-month low as AI stocks tumble on US election jitters · The Economic Times
• Nikkei, Kospi crash up to 4.5% as investors see Democratic win in US midterms · Moneycontrol.com
• Big Tech’s Deepening AI Funding Concerns Sink Asian Chip Stocks · Bloomberg

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