Asian Stocks Brace for Selloff as AI Rout Deepens: Markets Wrap

AI Summary

Asian stock futures signaled steep losses as a selloff in chipmakers on Wall Street intensified. Investors are concerned that Democrats may pursue tighter regulation of the artificial intelligence industry.

Asian stock futures pointed to steep losses on Friday as a post-election rout in chipmakers deepened on Wall Street on growing concerns that Democrats will seek tighter regulation of the artificial intelligence industry.