Fastrack · Asian Stocks Rebound as AI Rout Eases

Asian stocks climbed Monday, recovering part of last week's tech losses. Taiwan's main index led the region with gains near 6%.

5.6% gain for Taiwan's Taiex, driven by a matching jump in TSMC.
3.4% rise for Japan's Nikkei 225, to 59,411.34.
2.7% gain for Samsung Electronics; SK Hynix rose nearly 4% or more.
$2.5 trillion was erased from Wall Street in Thursday's post-election sell-off.

Why it matters: Last week's sell-off followed Democratic midterm wins. Investors worried new majorities could slow construction of AI data centers, particularly in Texas.

2.7% weekly loss for the S&P 500, its worst since April 2025.
Samsung and SK Hynix both supply chips to Nvidia.

The story so far

81 steps · since Oct 10

Oct 10–Nov 1
Nov 13:29 PMVance Rallies in Ohio and New York on Election Eve82 sources
Nov 1
Nov 26:37 AMTrump Delivers Closing Pitch at Reflecting Pool Before Midterms68 sources
Nov 2–3
Nov 38:46 PMStocks Swing as Democrats Sweep Midterm Elections59 sources
Nov 4
Nov 411:29 PMAI Stocks Plunge, Wiping Out Trillions in Value74 sources
Nov 8Asian Stocks Rebound as AI Rout EasesYou are hereLatest

How 4 sources split on this story

Source landscape

Factuality

High

Mixed

Low

Strong LeftLeftLean LeftCenterLean RightRightStrong Right

Political Bias

Coverage by lean% of 4 sources

4 sources · 4 articles · 50% Left coverage

Where they split: Outlets differ on emphasis: the left-leaning outlets frame the rebound around the midterm results, while CNBC centers on Nvidia's probe of its CEO.

Center coverage, 2 sources: The center frames the rally as Asian chipmakers gaining despite scrutiny of Nvidia's CEO and its possible supply-chain effects.

CNBC29mAsian chip stocks in South Korea and Taiwan gain despite Nvidia scrutiny Financial Times41mAsian stocks rebound after AI rout

Left coverage, 2 sources: The left frames the rebound as a recovery from a sell-off driven by Democrats' sweeping midterm victories and fears over AI data centers.

Al Jazeera2hAsian stock markets climb after earlier tech rout The Independent1hAsian markets bounce back after a recovery for AI stocks on Wall Street

What’s next: Nvidia's board opened an independent inquiry into Huang's relationship with a woman U.S. intelligence reportedly ties to Beijing.

Strong October hiring could push the Federal Reserve toward a rate hike in December.
Seoul expects Nvidia GPU deliveries to proceed and is monitoring developments, a vice minister reportedly said.
Will Democratic majorities actually slow AI data center construction?
Will the Nvidia inquiry find any compromise of company or national security information?
Will Nvidia's after-hours drop of about 3.4% carry into regular trading?