New day of sharp declines in the stock markets dragged down by the earthquake in AI

Global stock markets are experiencing significant declines due to fears of increased regulation on artificial intelligence following the recent U.S. elections. Asian markets, particularly in Seoul and Tokyo, saw drops of up to 6%. Investors are moving away from tech-related stocks, which are facing double-digit corrections. European markets opened lower, with major indices like the EuroStoxx 50 down 1.2%. The volatility stems from concerns that newly elected Democratic officials may slow down the construction of data centers crucial for AI deployment. This uncertainty has raised doubts about the future of investments in the sector, with some analysts suggesting a panic selling trend.

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