Taiwan's weighted index closed down 3.2% at 41,574.72, its lowest level in over
three months, dragged by losses among major chipmakers. Democrats' strong
showing in the US midterms increased uncertainty over AI regulation, prompting
investor concern that near-term AI-related capex could be affected and that tech
profit forecasts may be overly optimistic, BNP Paribas analyst William Bratton
said. Taiwanese semiconductor firms' investment cycles are tightly linked to US
tech giants, heightening their sensitivity to such risks. TSMC -0.9%, Foxconn
-2.1%, MediaTek -6.9%, Unimicron -9.9%.