Ask what Korea is talking about.

South Korea's benchmark KOSPI plunged more than 6 percent on Friday, Nov. 6, barely holding above the 5,000 mark, as fears of tighter U.S. regulation of artificial intelligence (AI) data centers sparked panic selling in chip stocks, the Korea Times reports. The sell-off followed a Democratic sweep in the U.S. midterm elections, which investors feared could decelerate the data center build-out. Yonhap reports the index briefly dipped below 5,000 during trading, while the Dong-A Ilbo notes the Nasdaq fell 5.52% and the S&P 500 dropped 4.36% on Nov. 5, wiping out 3,400 trillion won in market value in a day. The Chosun Ilbo reports that Korean retail investors, who had entered the market on AI optimism, voiced complaints, with one major bank executive saying, "The whole nation lost wealth through stocks."