The consequences of Trump's crushing defeat in the midterm elections have materialized: the Nikkei plunged, and South Korean stocks went from a 3.2% gain to a 3.8% loss. Market expectations that a Democratic victory in the midterm elections would lead to stricter regulations on the AI industry resulted in a concentrated sell-off of Japanese AI data center-related stocks. In South Korea, foreign investors initiated risk aversion, making Samsung and SK Hynix cash cows. They withdrew from the AI regulatory panic in Japan and South Korea, pouring their money into the certainty of domestic substitution in the A-share market.