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Asian tech stocks fell sharply on Friday, led by Seoul and Tokyo, after a Wall Street sell-off driven by fears of tighter AI regulation following Democrats' victory in the US midterm elections. France 24 reported that many winning candidates pledged to curb data centre development, which faces opposition from across the political spectrum. In a separate France 24 analysis, political scientist Ian Bremmer called the result the most consequential electoral reversal for a governing party in more than half a century. He argued that world leaders understand Donald Trump has only two more years in office, and that the US has entered a new political phase in which presidential power does not guarantee the capacity to use it.