Will there be help tomorrow? Taiwan index futures stopped falling and rebounded in overnight trading, returning to the 42,000 mark

Taiwan stocks have retreated sharply recently. (File photo)

[Financial Channel/Comprehensive Report] The results of the U.S. midterm elections have affected market sentiment. The Democratic Party successfully flipped control of both houses of Congress. The Dow Jones Index soared more than 1,500 points. However, investors are worried that the Democratic victory will increase resistance and restrictions on the construction of data centers, causing Philadelphia Semiconductor to plummet. Taiwan stocks also fell thousands of points today. U.S. stocks were mixed before the market opened on Thursday (5th). The Dow continued to rise before the market opened, while the Nasdaq fell before the market opened. As the market began to reassess the investment prospects of the AI ​​industry, Huida, Micron, Intel and TSMC ADRs weakened before the market opened. The Taiwan Index futures stopped falling and rebounded in night trading, returning to the 42,000 mark.

CNBC reported that U.S. AI-related stocks showed weak trends on Wednesday (4th). The market was worried that some state governments may tighten data center development restrictions, and stocks related to data center construction such as CoreWeave were under pressure. Texas Democratic Governor-elect Gina Hinojosa has advocated for stricter restrictions on data center development.

Jordan Watson, portfolio manager at Tandem Investment Advisors, warned that the market may usher in more volatility, and investors need to re-examine whether the huge funds invested in AI infrastructure can bring expected returns.

As the market's doubts about AI infrastructure have not been eliminated, the Nasdaq, which is dominated by technology stocks, continued to weaken before the market opened. The Dow Jones continued its gains on Wednesday, and the S&P 500 index remained flat before the market opened.

U.S. technology stocks were generally weak before the market opened. Huida, Micron, Intel and TSMC ADRs fell. The Taiwan Index futures stopped falling and rebounded in night trading, returning to the 42,000 mark. It once rose by more than 400 points, hitting 42,298 points.