Shares of Singapore-listed $AEM Holdings(AWX.SI)$ plunged as much as 11.7% in early trading on Thursday, tracking a sharp overnight selloff in US semiconductor stocks as concerns over potential restrictions on AI data-center development rattled the global chip sector. The selloff on Wall Street followed the US midterm elections, in which Democrats secured control of Congress and won the Texas governor's race. The results raised concerns that increased regulatory scrutiny or potential restrictions on data-center construction could slow the expansion of AI infrastructure, particularly in Texas, a major US data-center hub. The prospect of slower data-center development weighed heavily on companies supplying the AI infrastructure ecosystem, includin